Mega buyouts, growth equity and infrastructure funds are among the top three IRRs for the $5.8 billion District of Columbia Retirement Board. The Blackstone Group’s 2001 vintage Blackstone Capital Partners IV fund is top of the IRR performers for the district’s pension fund. That vehicle posted an IRR of 37.2 percent and 2.35x multiple for the period to Dec. 31, 2013.
The proportion of equity used to finance U.S. leveraged buyouts fell by 6 percentage points, from the 44 percent recorded in the last quarter of 2013 to 38 percent in the first quarter of 2014.
Harvard University continues to have the largest endowment for fiscal year 2013 (ended June 30) with more than $32 billion.
The 2012 vintage energy-focused Denham Commodity Partners Fund VI is the highest IRR climber among Washington State Investment Board’s mid-market-focused buyout funds rapidly creeping out of negative IRR territory, according to 2013 year end figures from the state pension fund.
Since January 1, 2009, the plurality of buyout funds raised by U.S.-based shops have been between $100 million and $300 million in size.
Over the past five years, 517 buyout funds have been raised by U.S.-based firms, according to Thomson One, a product of Thomson Reuters.
Francsico Partners, The Gores Group, Thoma Bravo and Hellman & Friedman are young vintages of fund managers predicted back to market whose IRRs showed the biggest leap for the California State Teachers’ Retirement System for the year to Sept. 30, 2013.
Francsico Partners, The Gores Group, Thoma Bravo and Hellman & Friedman are young vintages of fund managers predicted back to market whose IRRs showed the biggest leap for the California State Teachers’ Retirement System for the year to Sept. 30, 2013. The highest IRR climber of the selection was the 2010 vintage Francisco Partners III LP, […]
The largest sector represented in Q1 2014 M&A exits was high technology, with 19 percent of the total, or 23 transactions.
European buyouts of 2008 vintage funds are making the gains for the Massachusetts Pension Reserves Investment Management’s buyout portfolio, according to fresh data as of Dec. 31, 2013.