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Between fiscal years 2013 and 2014 ended June 30, U.S. and Canadian institutional endowments grew by 15 percent on average. 

U.S.-based buyout and mezzanine fundraising enjoyed a monumental two-week period, seeing its 2015 total skyrocket by over $24 billion. That is a full $27 billion ahead of where it stood at this point last year.

The Texas County & District Retirement System during 2014 enjoyed $531.4 million in distributions from a private equity portfolio that has invested some $3.4 billion to date.

European EBITDA multiples are lower than those in the United States, but the difference isn’t as big as you’d think, according to data from Capital IQ and Robert W. Baird & Co. 

EBITDA multiples have generally been on the upswing as the economy continues to rebound from The Great Recession. 

The second quarter of 2015 has kicked off with an uncharacteristically high number of private equity-backed companies getting hit with distressed ratings from Standard & Poor’s and Moody’s Investors Service.

From the beginning of the year 57 U.S. LBO and mezzanine funds have so far closed on capital, according to Thomson One, a product of Thomson Reuters. Of the 57, 19 (33%) were sponsored by firms based in New York. This is more than the next three states combined, and more than doubled second-place California. 

Of the 57 U.S. buyout and mezzanine funds that have closed on capital since the onset of 2015, about a quarter of them, 14, have so far closed on at least $1 billion. The second tallest pole in the tent is the $100 to $300 million range, with 13 funds, or about 23 percent. While the results are diverse, investors appear to be trending towards the safety of larger funds.

U.S.-based buyout and mezzanine fundraising surged over the past two weeks, boosting the year-to-date sum by nearly $14 billion, or almost $12 billion ahead on the comparable 2014 total.      

The following hires, promotions and appointments are for the May 4, 2015, issue of Buyouts.