David Snow
Two years after raising $715 billion for Fund III, the buyout firm has rounded up more than twice as much from limited partners.
The emerging markets-focused Chicago firm will target platforms likely to benefit from a global real estate boom, but eschew direct property investments.
The California pension has made its largest private equity commitment yet disclosed to Carlyle’s fifth US buyout fund, which has a target of as much as $17 billion.
Making a presentation before the Washington State Investment Board yesterday, KKR’s George Roberts and Johannes Huth, right,asked for a commitment to a massive new European fund and predicted a reinvigorated deal market will follow the current mega-malaise.
The Brazilian bank is raising a new private equity fund that can tap Blackstone as a co-investor on large deals.
Triple-digit returns have helped the Sao Paulo-based firm reach a first close on what is for now Latin America’s largest private equity fund.
One of the most longstanding teams of private equity investors in the market, Citigroup Venture Capital, has raised the largest spin-out fund yet as Court Square Capital Partners.
At press time, Blackstone’s shares were trading below the firm’s debut price of $31 per share, down significantly from its closing price of $35 just one day earlier.
A day after two US senators unveiled proposed legislation to hike taxes for public partnerships, the share price of Fortress Investment has dropped. But one Washington observer put the likelihood that the Blackstone-inspired bill will become law at ‘one percent’.
Alinda Capital, a firm led by the former head of project finance at Citigroup, has raised three times more than originally sought for a debut infrastructure fund, the ‘first in a series of infrastructure funds’.