Steve Gelsi
General Atlantic, the growth-equity firm that’s taken direct stakes in about 200 companies including Facebook Inc, recently made Form D filings indicating an influx of $623 million, as it positions itself as a global player. A person familiar with the firm said the total influx was actually $900 million, bringing its total current capital base to $7.3 billion.
The California Public Employees’ Retirement System and the California State Teachers’ Retirement System reported returns of nearly 14 percent for their private equity portfolios in the past year, the two massive pension funds disclosed in annual reports on investment returns.
David Castillo was co-director of global equity For CalSTRS Worked at CalSTRS for nine year, including private equity unit Castillo praised as talented, inspirational leader David Castillo, 45, co-director of global equity for the California State Teachers’ Retirement System, died on July 7 from injuries sustained in a bicycle accident, according to the $166 billion […]
CalPERS private equity portfolio rises 13.6 percent in 2012-2103 CalPERS total portfolio rises 12.5 percent To $257.8 billion CalSTRS private equity investments gain 13.9 percent The California Public Employees’ Retirement System and the California State Teachers’ Retirement System reported returns of nearly 14 percent for their private equity portfolios in the past year, the two […]
Credit markets beckoned with some of the most favorable lending terms in buyouts history. But sponsors nevertheless consummated fewer deals in the second quarter than they did in both the previous and year-ago quarters.
$74.3 billion New Jersey pension taps mid-market, European funds Vista Foundation Fund II gets $100 million commitment CVC Capital Partners Fund VI receives $151 million pledge The New Jersey Division of Investment committed up to $251 million to two new 2013 vintage private equity funds, Vista Foundation Fund II and CVC Capital Partners VI LP […]
The New Jersey Division of Investment committed up to $251 million to two new 2013 vintage private equity funds, Vista Foundation Fund II and CVC Capital Partners VI LP as it takes aim at opportunities in U.S. software firms and Western European buyouts.
Castle Creek Capital has raised $65 million toward a $250 million target for Castle Creek Capital Partners V, the newest flagship fund for the California-based investor in community banks, according to a Form D filing and the firm’s web site.
Buyout shops are planning to raise their profiles with accredited investors now that the Securities and Exchange Commission voted to lift a decades-old ban against general solicitation and advertising in private market fundraising.
Marlin Equity Partners hopes it will be at least four years before launching Fund V after it officially closed Marlin Equity IV LP at $1.6 billion in a fundraising effort that more than doubled assets under management at the mid-market, operations-focused buyout specialist.