Marine Cole
Offices in downtown Houston were closed on Monday, while shut down refineries could lead to increased costs.
The vehicle, which has a $5bn hard-cap, comes without a hurdle rate, but nearly all GTCR’s funds rank in the top first or second quartiles.
Technology investor Amadeus Capital Partners finds a vibrant startup scene in Brazil, despite the economic and political hurdles of the past few years.
The European fund manager brought in new LPs, according to UK regulatory filings from early August.
.jpg?id=12885367360 "PRIM appoints PE expert to investment committee")
Phil Rotner had served as managing director of private equity at the MIT endowment.
.jpg?id=12885377095 "Deal valuations reach new highs in H1")
The average multiple was inflated by buyouts of $1bn and above, and by consumer and tech transactions.
.jpg "Apollo shares boost CalPERS’ PE portfolio")
Apollo’s stock, which falls under the growth and expansion strategy in the pension plan’s private equity portfolio, grew nearly 75% in the year ended 30 June.
Some board members asked whether it is reducing the investment opportunity set by consolidating its roster of managers.
The Cambridge Associates US private equity index had its best year since 2013.
The former captive unit of Deutsche Bank is no longer the parent company’s ‘neglected child’.