David Toll
Executives of NewWorld Capital Group LLC, a New York-based firm making growth equity investments in energy efficiency and related markets, are out having second and third meetings with potential backers for a fund targeting $300 million, according to sister magazine Buyouts...
If you were wondering why so much money is trying to find a home in mid-market leveraged loans, look no further than the track record of Audax Group.
Having covered private equity for 15 years, I don’t often come across a U.S. buyout firm trying to raise $1.5 billion that I’ve never heard of before. But such is the case with Tinicum Inc., a New York firm that invests money on behalf of the Ruttenberg family. According to its bare-bones Web site, the […]
Public pension funds accounted for just about a third of the money raised by private equity firms last year, according to a survey of placement agents conducted this spring by sister Buyouts Magazine. So, where did the rest come from?
An investor in Livescribe had written down its Series C investment by 67 percent as of March 31 in a possible sign of waning investor enthusiasm for the maker of gee-whiz, audio-recording pens. What, precisely, is the pen mightier than?
So-called nontraded business development companies (BDCs) can raise money from retail investors without giving up many of the advantages and trappings of private limited partnerships. Continuous fundraising? Check. Lengthy lock-ups of capital? Check. Two-and-twenty fee structure? Check.
AlpInvest Partners, the funds-of-funds business of The Carlyle Group, has taken a pretty big hit so far from its vintage-2006 investments, according to a regulatory document.
Kelso & Co. closed a buyout fund that was more than twice the size of its predecessor when it wrapped up Kelso Investment Associates VIII LP in mid-2008. But through year-end its performance hasn’t been nearly as good.
A return to private equity following a five vintage-year break in the mid-2000s has given the Kansas Public Employees Retirement System portfolio a shot in the arm, thanks in part to well-timed investments in non-control distressed and opportunistic credit funds.
A number of institutional investors are both limited partners in the funds of publicly traded buyout shops Apollo Global Management and The Blackstone Group as well as shareholders in those companies.