So far in 2014, buyout and mezzanine firms in the United States have collectively secured about $21.26 billion in commitments.
Europe was a boost to Oregon Public Employees Retirement Fund’s IRR figures last year, according to data from the state pension fund for the period to 30 September 2013. The 2009 vintage Riverside Europe Fund IV was Oregon’s top IRR climber by percentage points for the period from September 2012 to September 2013.
A number of U.S.-based buyout and mezzanine shops closed on funds in the last two weeks of January to push total capital committed in 2014 so far to about $17.4 billion.
The 2008 vintage Silver Lake Credit Fund LP jumped the highest in terms of distributions for the California Public Employees’ Retirement System buyout fund portfolio, according to performance data for the period from June 2012 to June 2013. This scorecard looked at a selection of some 210 buyout-related vehicles ranging in vintage from 1991 to 2012.
U.S.-based buyout and mezzanine firms have raised $9.84 billion in capital so far this year through Jan 17.
Fortress Investment Group is Washington State Investment Board’s top-performing, buyout-related fund manager returning to market this year. The fund manager features in first and fourth place with its 2002 vintage Fortress Investment Fund II LLC posting an IRR of 36.03 percent and its 2000 vintage Fortress Investment Fund LP posting an IRR of 25.65 percent, according to performance data as of June 30, 2013.
A 2007 vintage Swedish buyout vehicle fighting to emerge from a negative IRR posted the greatest IRR increase by percentage points for The Regents of the University of California buyout fund portfolio in the first quarter of 2013, according to the latest return data available from the university.
It’s Bridgepoint’s 2008 vintage European large buyout vehicle that has shown the greatest IRR increase by quarter in the most recent figures from Washington State Investment Board to June 30. The data compares some 192 buyout-related vehicles, ranging from vintages 1994 to 2011.
It’s Bridgepoint’s 2008 vintage European large buyout vehicle that has shown the greatest IRR increase by quarter in the most recent figures from Washington State Investment Board to June 30. The data compares some 192 buyout-related vehicles, ranging from vintages 1994 to 2011. The top ten climbers in terms of positive IRRs for Washington for the quarter included […]
The number of entities at risk of default climbed to a 10-month high in the three-month period to mid-November, according to Standard & Poor’s. At the same time, Buyouts found another uptick in the number of such companies with a U.S.-based financial backer.