Pete Gallo
Tokyo-based DRC Capital wants to exploit overlooked opportunities in turnarounds of mid-sized Japanese companies with its latest fund.
Lexington will purchase 33 LP stakes, most of which Lloyds had reportedly acquired when it took over HBOS.
Northern Lights Capital Group has taken a minority stake in the investment firm founded by DE Shaw’s former director of investments in India.
Limited partners think they can sidestep sagging private equity returns by constructing more concentrated portfolios. A survey suggests LPs will narrow GP relationships in 2011.
The $9.6bn Chicago Teachers' Pension Fund plans to hire its first dedicated private equity consultant to assist in manager selection.
Kohlberg Kravis Roberts’ bid to buy Australian fund and wealth manager Perpetual may need to be revised upward as the company’s ASX-traded stock has surged in recent weeks.
Carlyle's recent buyout of credit hedge fund Claren Road suggests the firm is diversifying revenues with more liquid instruments in advance of an anticipated IPO bid next year, writes Pete Gallo.
The fund of funds group linked to Danish Pension system ATP plans to double emerging markets exposure as it boosts overall investment in 2011.
London-based Hollyport Capital hit the halfway mark in fundraising for its third secondaries fund, targeting £30m.
Blackstone affiliate GSO Capital Partners is looking to raise $3bn for its latest mezzanine fund, which recently received a $100m commitment from Oregon.