Chelsea Stevenson
Capital Dynamics’ fund of funds HRJ Capital has been in a dispute with former employees who claim to be owed in wages and management fees.
KKR sees Asia as the world’s growth region, seeks Australia and Japan deals, and expects to diversify its global portfolio to emphasise more non-PE investments, the firm said.
The health and science sector- focused firm is targeting $200m for its second fund, which launched in 2011.
Michael Dell and Silver Lake have proposed a change to shareholder voting regulations that would make gaining approval of their buyout offer easier.
The pension system plans to commit $1 billion to private equity and venture capital this year, so far it has committed $472 million.
The energy division of private equity shop Ridgewood Companies has already raised $449.5m toward its second oil and gas vehicle.
The bank’s private fund group has hired Mark McDonald to help manage its secondaries activities in Europe, Middle East, Africa and Asia.
Some of the highest portfolio returns were produced by the 19 secondary deals that were completed during 2012, according to an Ernst & Young study.
With the removal of the two mega private equity firms, eight others remain accused of colluding to keep deal prices low during the credit bubble era.
The school’s Board of Regents pledged to the global buyout fund that is targeting between €4bn and €5bn.