Gregory Roth
At its most basic level, private equity is about shopping. And while shopping for companies is very different than buying a tie at Neiman Marcus or a baseball glove at Sports Authority, the two pursuits have similar aims.
Firm: Global Infrastructure Partners Fund: Global Infrastructure Partners II LP Target: $6 Billion Raised So Far: $5.5 Billion Global Infrastructure Partners, a New York-based buyout firm focused on infrastructure, has agreed to buy out Chesapeake Energy Corp.’s interest in the two firms’ pipeline joint venture, Chesapeake Midstream Partners LP, for $2 billion. GIP also agreed […]
It’s often said the two things that drive private equity are returns and relationships. So which one pulls more weight when a general partner heads out on the fundraising trail to raise a new fund?
Elevation Partners, the private equity firm that famously counts Irish rock star Bono among its co-founders, sold 5.2 million of its Facebook shares (or 13 percent of its stake) for $198 million as part of Facebook’s IPO on May 18.
As senior vice president, Jane Rowe manages C$12.2 billion (US$11.9 billion) in private equity assets for Teachers Private Capital, the stunningly successful private equity arm of the C$117 billion Ontario Teachers’ Pension Plan.
Your firm just closed on River VI LP, attracting $222 million in commitments, a bit more than twice the size of your previous fund. Although you closed above your $200 million target, the fund was in the market for a year and a half. How would you describe the fundraising climate for lower-middle market private […]
River Associates Investments, a Chattanooga, Tenn.-based lower-mid-market buyout shop, has closed its sixth fund, River VI LP, having attracted $222 million in commitments, making the fund the largest the firm has raised so far and twice the size of its predecessor. The final close came in above the $200 million target.
Pension System: Massachusetts Pension Reserves Investment Management Board Assets Managed: $50 billion (April 30, 2012) Private Equity Assets: $5.7 billion (April 30, 2012) Private Equity Allocation: 11.4% (April 30, 2012) Private Equity Target Allocation: 10% And Mavromates makes three. That’s the number of senior investment personnel that the $50 billion Massachusetts Pension Reserves Investment Management […]
Pension System: Tennessee Consolidated Retirement System Assets Managed: $33 Billion (Dec. 31, 2011) Private Equity Assets: $133 Million (Dec. 31, 2011) Private Equity Allocation:
Pension System: Canadian Pension Plan Investment Board Assets: C$162 Billion ($157 Billion) (March 31, 2012) Private Equity: C$26.3 Billion (March 31, 2012) Private Equity Allocation: 16.3% (March 31, 2012) Private Investments, Inclusive of Infrastructure & Private Debt: C$40.4 billion (March 31, 2012) Executive Vice-President, Investments: Mark Wiseman The Canadian Pension Plan Investment Board gained 6.6 […]