Marine Cole

Joe Baratta made his name on Blackstone’s crisis-era investment in Merlin Entertainments Group. As another slowdown looms, we find out where the firm is putting its private equity dollars.

In April, PEI caught up with Joe Baratta to find out where the firm is putting its private equity dollars as another slowdown looms.

Despite a slow start, Proskauer anticipates a pickup in the number of IPOs this year, the firm found in its latest annual study.

KKR initially invested in healthcare through its balance sheet and subsequently included the healthcare assets in a secondaries transaction last year.

The fund is more than twice the size of its predecessor, which relied heavily on co-investments.

The Chicago-based firm increased its hard-cap to $950m from $750m for Wind Point Partners VIII due to higher deal flow.

The lower mid-market firm sold over 9 percent to a long-time limited partner.

Réal Desrochers, the managing investment director of the California pension’s private equity programme, who focused on reducing costs and increasing transparency during his tenure, will depart on Friday.

OMERS Private Equity, the private equity investment arm of the Canadian pension plan, purchased the analytics and technology-enabled service provider and plans to help it grow over the long haul.

The Canadian pension plan’s private equity portfolio generated single-digit returns in 2016, mainly due to currency movements.