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Hellman & Friedman fund closes at $10.9 billion
trueHellman & Friedman closed its Capital Partners VIII with $10.9 billion.
Energy investors cautiously fill up
trueBillions of dollars are pouring into private equity energy funds as oil prices plummet, just one reason some industry insiders say investors should expect lower returns in parts of the oil and gas sector.
Advent International closes sixth Latin American fund at $2.1 billion
trueAdvent International, a global buyout manager, announced Thursday the closing of its $2.1 billion Advent Latin American Private Equity Fund VI.
CalPERS gives $80 million to Grosvenor for in-state private equity fund
trueCalPERS committed $80 million to a new California-focused private equity fund to be run by Grosvenor Capital Management, said spokesman Joe DeAnda on Wednesday.
International private equity indexes outpace public counterparts in Q1
trueDuring the first quarter of 2014, the Cambridge Associates Global ex-U.S. Developed Markets Private Equity and Venture Capital index gained 3.4%, outperforming the MSCI World ex-U.S. by 245 basis points.
New York State Teachers puts up to $520 million in private equity, real estate
trueNew York State Teachers’ Retirement System made up to $380 million in private equity commitments and $140 million in real estate commitments and investments.
New York State Common goes with Asia private equity fund
trueThe New York State Common Retirement Fund committed $10 million to Northstar Equity Partners IV, which is managed by Northstar Advisors.
Texas County & District commits $65 million to Centerbridge
trueTexas County & District Retirement System committed $65 million to Centerbridge Capital Partners III.
PennSERS moving $200 million to real estate, private equity funds
truePennsylvania State Employees' Retirement System committed up to $200 million to four alternatives funds.
University of Vermont commits $10 million to Asia private equity fund of funds
trueUniversity of Vermont committed $10 million to Asia Alternatives Capital Partners IV, a private equity fund of funds.
Apollo Global assets up 45.4% for year; income drops significantly
trueApollo Global Management reported assets under management of $163.9 billion as of Sept. 30, up 45.4% from a year earlier. The increase was attributed to the growth in Apollo's credit and private equity business.
Fortress Investment sees 14% rise in AUM for year ended Sept. 30
trueFortress Investment Group's assets under management rose to $66 billion as of Sept. 30, up 3.4% from three months earlier and up 14% from a year earlier.
Ohio Police & Fire earmarks $230 million for 4 funds
trueOhio Police & Fire Pension Fund made four new commitments totaling up to $230 million.
Warburg Pincus closes $4 billion energy fund
trueWarburg Pincus closed its latest private equity fund, the $4 billion Warburg Pincus Energy Fund, surpassing its $3 billion target and hitting its hard cap.
Oklahoma Police earmarks $50 million for real estate, private equity
trueOklahoma Police Pension & Retirement System committed a total of $50 million to three alternatives managers.