Annabelle Ju
Based in New York, Annabelle Ju covers North American institutional investors and fund regulation as the US Private Equity Reporter for Private Equity International and private funds management. She previously reported on market structure at Bloomberg and obtained her Master of Science degree from Medill School of Journalism at Northwestern University.
The consumer sector-focused firm invested in Grupo St. Marche, which it expects will organically grow throughout Sao Paulo and Brazil.
VC firm Playground Global, which was co-founded by Android creator Andy Rubin, raised $300m for its debut fund last year and is now targeting $500m for its second fund.
The financial services-focused firm is investing alongside Värde Partners to buy CitiFinancial Canada from Citi, as banks divest their non-core businesses.
Like others in the series, the new fund, which targeted $5bn and closed earlier this week, focuses on PE control investments, corporate and consumer debt, real estate and real estate debt.
The largest US public pension fund paid $539 million in profit sharing to external private equity fund managers during the 2015-2016 fiscal year.
.jpg "Was CalSTRS' $851m in 2015 PE costs worth it?")
The $851m includes $516m in private equity carried interest, which represented 83% of all carried interest awarded to its external fund managers across asset classes in 2015.
The Canadian pension fund’s private equity portfolio had been steadily increasing, marking a 5% quarterly increase in its fiscal second quarter ended 30 September.
Tony Ecock, who had been at Welsh, Carson, Anderson & Stowe for almost 10 years, will join four other NY-based managing directors in Carlyle’s Equity Opportunity Fund team.
ONCAP IV, which is about 40% larger than its predecessor fund raised in 2011, received a 44% commitment from Onex.
The bulge bracket bank promoted three more for its merchant banking division in the 2016 cycle than it did in the previous cycle two years ago.