Sam Sutton

GP updates on fund activity keep firms on investors’ radars, which pays dividents when it comes to fundraising, said panellists at the PEI Investor Relations and Communications Forum in New York.

The $28.3bn retirement system gave $50m each to a pair of debut energy and natural resources funds from Apollo Global Management and The Blackstone Group.

Priorities USA Action, a political action committee backing President Obama, has released a new ad attacking Mitt Romney’s private equity background in an effort to swing ‘battleground’ states.

The $153.7bn retirement system has re-upped $250m with its new and next generation private equity programme, which is managed by Invesco Private Capital.

The European buyout shop has agreed to another deal through its fourth flagship fund as it tries to raise €6.5bn on Fund V.

Although only 20% of respondents said they were highly familiar with how private equity and venture capital works, a plurality believes the industries are responsible for job growth and have a positive impact on the economy.

Cerberus acquired Guilford Mills for $107m in 2004, less than two years after the company emerged from bankruptcy.

The firm has completed its acquisition of Thomson Reuters’ healthcare business, which provides data analysis services for hospitals, health systems and government agencies.

The industry trade organisation has directed around $80,000 to politicians with influence on Congressional committees considering legislation that would affect private equity.

Bregal Sagemount, a $500m vehicle led by Gene Yoon, will take control and non-control investments in growth-oriented companies.