Sam Sutton
Mid-market specialist The Riverside Company notched its 13th and 14th exits of the year Thursday, announcing deals for Wildlife International and DuBois Chemicals.
The $11bn retirement system will focus on expanding existing relationships with private equity fund managers as it increases its target allocation from 5% to 10%.
W Capital Partners is more than two-thirds of the way to meeting its $750m target, according to two SEC documents.
The tragic massacre at Sandy Hook Elementary School has led the New York-based private equity firm to initiate the process of divesting from Freedom Group, which manufactured a rifle used in the shooting.
The Detroit mid-market specialist will target investments in US and Canadian businesses, improving portfolio companies through add-ons and operational strategies.
The firm is expected to hold a first close on its third mid-market secondaries fund by the end of the year.
A Probitas Partners survey has found increasing support for US and European mid-market funds among limited partner respondents.
Paris-headquartered PAI is targeting €3bn for Fund VI.
The firm’s $7m investment in Petroplex Acidizing has gone on to generate a 50% internal rate of return through its sale to One Rock Capital Partners.
Alvarez & Marsal Capital Partners’ $500m debut vehicle picked up a $100m commitment from the Oregon Investment Council at its meeting Wednesday.