Suzanne Weinstock
Publicly listed Tarpon has raised fresh capital for several vehicles and completed a third closing of its ‘All Equities Fund’ on $760 million.
Commitments to emerging market vehicles increased by 78 percent in 2007, as the strategy becomes increasingly popular among institutional investors.
Morgan Stanley, Credit Suisse and a Kentucky state pension are among the LPs that helped Louisville, Kentucky-based Chrysalis Ventures exceed the target for its fourth fund.
New York-based Avista Capital has hired a former Mobil executive as industry advisor to the firm’s energy practice.
The Ontario Municipal Employees Retirement System has attributed strong 2007 returns to its alternatives allocation, including private equity, real estate and infrastructure.
Tom Gores’ Platinum Equity will acquire Industrial Distribution Group and seek synergies with existing portfolio company, Strategic Distribution.
The firm is among several seeking to stock up with fresh capital amid a turbulent market.
TIAA-CREF and ABP are among those backing a private equity fund being billed as the largest ever dedicated to microfinance.
The secondaries firm has made a senior hire in the first office of its kind in Latin America and has expanded its reach into Asia.
The US alternative asset manager has increased its investment in the Indian market with a minority stake in cargo operator Allcargo.