Sam Sutton
Venture capital and private equity shareholders are poised to generate exorbitant returns with Facebook’s IPO price range, which puts the social media site’s valuation at almost $100bn.
The Carlyle Group and NewSpring Capital received commitments from the $24bn Pennsylvania retirement system at its 2 May board meeting.
The Cairo-based firm raised a combined $767.9m in third party cash for platform companies and at the firm level in 2011.
Fusion Capital, led by chairman Phil Goodwin, has a flexible mandate that allows for broad changes in strategy to accommodate the fluid marketplace.
A Capital’s debut cross-border fund is targeting up to €500m for European mid-market companies with growth potential in China.
The US state's $15bn endowment has approved a $75m re-up to Coller International Partners VI, as well as $50m to Sankaty Advisors’ fifth debt fund.
San Francisco private equity firms Golden Gate Capital and Blum Capital will take private troubled shoe retailer Payless ShoeSource as part of a deal for Collective Brands.
The deal for eyeglass retailer Alain Afflelou was struck just one day after Bridgepoint confirmed it had entered exclusive talks with Lion Capital.
Among the commitments was a $100m allocation to Trilantic Capital Partner, which has hit the market for the first time since spinning out of Lehman Brothers.
Bain Capital’s credit affiliate picked up a pair of commitments for Fund V last week, targeting $3.5bn for investments in the US and Europe.