Pension Fund: The Connecticut Retirement Plans and Trust Funds Program: The Connecticut Horizon Fund Target: $120 million to $150 million Targeted Managers: Connecticut-based firms, minority or women-owned firms, and emerging private equity managers Targeted Asset Classes: Buyout firms, mezzanine funds, special situations firms, venture capital firms Connecticut’s state pension plan, The Connecticut Retirement Plans and […]
It might not be an outright buyout, but megafirm Kohlberg Kravis Roberts & Co. has secured its first deal in mainland China with the purchase of a minority stake in a cement company. With help from the International Finance Corp., the private investment arm of the World Bank, Tianrui Cement, the largest cement-maker in Henan […]
Total Assets Under Management: C$110.8 billion ($95.8 billion) as of 12/06 Target Allocation to Alternatives: CPP does not specify allocations Commitments to Private Equity: C$20 billion as of 12/06 Investments in Private Equity: C$8.8 billion as of 12/06 Performance: IRR of 15.5 percent in 2006; three-year IRR of 13.5 percent; five-year IRR of 8.6 percent […]
GSO Capital Partners ends investment in German tool maker
NanoDimension makes first investment
Spanish tech VC Adara Venture has sold Eyesquad, a German specialist in micro-camera technology, to Tessera, a US electronics business, for €15.2m. Eyesquad was founded in early 2005 and attracted €4m in a series A round from both Adara and German firm Baytech Venture Capital, which also sold its stake.
A 3.5x return from the trade sale
Oxford BioMedica values the company at £16m
Ma Potters under control of Blackstone
Nolato pays £32m