Sam Sutton
KKR’s confidence in Westbrick Energy’s strong management team led the firm to commit C$250m through its 11th North American fund.
Nike will sell footwear retailer Cole Haan to Apax Partners for $570m cash, which will include equity from Apax VIII.
Ferrer Freeman & Company created a special purpose vehicle to acquire Arcadia Solutions while it markets its fourth flagship fund.
In addition to its $90m in commitments across two distressed funds, the State Treasurer also is considering a $50m commitment to Court Square Capital Partners’ $3bn third vehicle.
The Institutional Limited Partners Association’s new chairman Michael Mazzola will help direct the organisation’s expansion into Latin America and Asia.
Exit environment and value creation concerns have prompted the Montana Board of Investments to refocus its private equity programme toward the lower and mid-market.
The New Jersey Division of Investment is tacking another $400m onto its separately managed account with BlackRock Private Equity Partners.
The firm’s first institutional fund will target European consumer products companies that are expanding into non-Western European markets.
Hamilton Lane has cleared the halfway point on its $400m target for Hamilton Lane Private Equity Fund VIII, according to SEC filings.
President Barack Obama’s election to a second term followed months of debate surrounding private equity’s role in the economy.