Chelsea Stevenson
The mid-market firm has sold Park Holidays UK to Caledonia Investments for £172m, bringing the total value of Graphite’s exits since October 2012 to more than £1bn.
The Tudor Investment Corporation spin-out is targeting $250m for later stage investments in technology companies.
The $161bn pension has committed $500m to Blackstone’s Tactical Opportunities fund, marking New York Common’s first investment in its opportunistic asset class.
The firm has raised about $5.3bn in commitments for the fund since the start of the third quarter, according to a quarterly earnings statement.
The firm has hired Goodwin Proctor’s Jeffrey Hadden (pictured) as COO and has appointed former Deloitte & Touche partner Kevin Masse to the role of chief portfolio officer.
Spire Capital will sell Just Marketing International from its Fund II portfolio to Chime Communications, while aiming to raise $375 million for its third buyout fund.
The firm has named former Warburg Pincus managing director Kewsong Lee as its first deputy CIO for private equity and a member of each fund’s investment committee.
The sale of electronic marketplace provider Epyx marks the fourth exit from HgCapital’s Fund 6. The four exits together have generated a gross IRR of about 45%.
Stéphane Chevrier previously founded Equifin Alternative Investments and was a managing director at AXA Private Equity, now Ardian.
A 2010 spin-out out of pharmaceutical services company Quintiles, NovaQuest had targeted $500m for its Fund III.