piotrk

U.S.-based buyout and mezzanine firms raised an estimated year-to-date amount of $188.8 billion through November 25. That figure is up from $142.2 billion at this time a year ago and is almost guaranteed to go beyond 2013’s total of $190.8 billion by the year end.

Summit Partners, the Boston-based growth equity shop, has produced the top-performing fund, measured by IRR, for backer California State Teachers’ Retirement System—quite an accomplishment consider the pension fund has backed nearly 300 funds since the late 1980s.

PRIVATE EQUITY FIRMS Auda International has hired Squadron Capital Vice President Eunseok So as a senior vice president in the Hong Kong office. Prior to Squadron Capital, So worked as head of private equity at Daishin Securities. The Auda Asia team earlier this month added former Paul Capital executive Lucian Wu as a second Hong […]

U.S.-based buyout and mezzanine firms raised an estimated year-to-date amount of $180.9 billion through November 14. That figure is up from $133.6 billion at this time a year ago.

Much goes into the decision investors make when figuring out where to place their money, but none is more paramount than the potential cash-on-cash return of their investments. In our latest scorecard, we take a look at the Washington State Investment Board portfolio and rank funds by cash-on-cash return as of March 31. The top ten results are presented in the accompanying table.

Unrealized gains are all fine and well but when it comes to brass tacks what investors really care about is the cash-on-cash return of their investments. 

Forbes included roughly 40 of the private equity and venture capital industry’s top executives in its annual ranking of the 400 richest Americans this year, according to a Buyouts analysis of the Forbes 400 list released late last month.