Sam Sutton
Parties could not agree on contractual terms More oversubscribed funds pushing for GP-friendly terms Centerbridge expected to hold final close in October The Pennsylvania Public School Employees’ Retirement System will not invest in Centerbridge Partners’ third flagship fund after allocating up to $100 million to the vehicle in August, Buyouts has learned “We could not […]
The Pennsylvania Public School Employees’ Retirement System will not invest in Centerbridge Partners’ third flagship fund after allocating up to $100 million to the vehicle in August, Buyouts has learned
In hindsight, 2006 wasn’t the best year to launch a first-time fund.
The Texas County & District Retirement System has closed a $50 million commitment to Baring Private Equity Asia’s sixth flagship fund, according to the pension fund’s website.
Buyouts Senior Editor Sam Sutton recently asked five questions of FFL Partners Executive Investor Robert Eckert, the former CEO of Mattel, Inc. and Kraft Foods.
Advent International plans to hold a first close on its latest Latin America fund in October, according to San Francisco Employees’ Retirement System documents obtained by Buyouts. San Francisco Employees’ committed up to $40 million to the fund at its Oct. 8 meeting, Commission Secretary Norm Nickens told Buyouts in an email.
The Los Angeles County Employees Retirement Association approved a commitment of up to $100 million to Centerbridge Partners’s third fund at its meeting the week of Oct. 6, Chief Investment Officer David Kushner told Buyouts in an email.
Centerbridge close to finishing Fund III Expected to hit hard cap of $6 bln GP to commit at least 2 percent The Los Angeles County Employees Retirement Association approved a commitment of up to $100 million to Centerbridge Partners’s third fund at its meeting the week of Oct. 6, Chief Investment Officer David Kushner told […]
Veronis Suhler Stevenson has sold its stake in insurance marketing services company Tranzact to a White Mountains Insurance Group affiliate. The deal values Tranzact at roughly $280 million.
Two managers changed terms on re-ups $70 bln pension has 21 pct allocation to PE CIO: “You have to draw a line in the sand” Unfavorable terms and conditions and higher valuations on buyouts may prompt the Oregon State Treasury to reduce its allocation to private equity, the state’s chief investment officer said. Two private-equity funds […]