Sam Sutton

Leaked video reportedly taken at an event held at the home of Sun Capital co-founder Marc Leder shows Romney assailing a supposed culture of victimhood in the United States.

The Private Equity Growth Capital Council increased its effort to combat negative perceptions of private equity as the election season enters its final months.

Minnesota’s Board of Investments granted three re-ups to private equity at its meeting Wednesday, which included commitments to Advent, Silver Lake and CarVal Investments.

The Carlyle Group’s sixth flagship fund has raised at least $2.86bn, which includes a sizable commitment from the firm’s executives.

The Carlyle Group has been active with its South American Buyout Fund recently, acquiring Brazil’s Tok&Stok after purchasing stakes in Grupo Orguel and Ri-Happy earlier this year.

A recent survey from Coller Capital and the Latin American Private Equity & Venture Capital Association found that a majority of LPs will either increase or stand pat on commitments to Latin American funds over the next year.

LLR Partners will not charge portfolio companies management or transaction fees in its fourth fund, which is targeting $800m with a $1bn hard-cap for investments in the lower mid-market.

The Teachers’ Retirement System of Louisiana committed $50m to Falcon Investment Advisors’ latest fund, which is targeting $850m.

The mid-market oilfield specialist topped its $325m target on the way to a $376m final close.

Former Bain Capital portfolio company employees lashed out at Mitt Romney and Bain Capital in remarks at the convention, blaming the firm for lay-offs and bankruptcies.