The Baltimore-based private equity firm has raised $300m for its fifth fund, including a $25 contribution from the Pennsylvania State Employees’ Retirement System.
The country’s $133bn pension fund has pledged $350m to two Asian private equity funds as it looks to commit $7bn to the sector over the next five years.
Michael Kim, the former co-head of Asian buyouts at Carlyle Group, has quickly amassed $750 million of commitments for his spinout fund MBK Partners, according to a report.
As the private equity arm of Henderson Global Investors gears up for the launch of its second pan-Asian growth capital fund it has announced the doubling of its money in Singapore-based MagiNet.
The global private equity firm is demonstrating a penchant for investing in other firms’ funds. But don’t expect it to launch a fund of funds operation just yet, reports Andy Thomson.
The US healthcare investor has named Ashley Dombkowski, Steven St. Peter and Ilan Zipkin as general partners.
Armed with its new €5.8bn buyout fund, pan-European LBO house BC Partners has hired Nikos Stathopoulos from Apax and Giampiero Mazza from Englefield.
In its third exit in two months, San Francisco-based Gryphon Investors, along with Crosslink Capital, has sold sales training provider Miller Heiman to private equity firm Leeds Weld, generating a return of more than 5x its initial investment.
The Group, a new United Arab Emirates private equity firm, has been set up to invest AED200m in the region.
The UK mid-market private equity firm has announced changes to its senior management team, with Chris Dowling stepping down as managing partner.