Sam Sutton
The firm has added a former McKinsey & Company associate principal to its resources group, which oversees operational improvements to the firm’s portfolio companies.
The San Francisco-based firm has emerged from a tough fundraising environment, raising $3.5bn after only 60 days on the market.
The Edgewater Funds, which is backed by investment bank Lazard, closed its third Growth Capital Partners fund on $714 million last week, beating its reduced target of $650 million, according to the firm’s founder and managing partner Jim Gordon. Chicago-based Edgewater launched the fund in 2008 with an initial target of $750 million, limiting its […]
Venture capital companies that are supported by public funding tend to underperform companies backed by the private sector, according to a recent study.
The pension system portfolio’s 7.72% IRR since inception has benefitted in large part to the recent performance of CVC European Equity Partners IV.
The firm has brought on former Cinven partner Marcus Wood to lead the firm’s expansion into the European market.
The former family office is targeting $3bn for mid-market investments between $100m and $1bn.
The firm will try and capitalise on opportunities created by Colombia’s growing economy and the easing of local regulatory pressure on private equity.
Goldman’s investing and lending portfolio, which includes around $16bn in private equity and real estate holdings, had negative net revenues of $2.48bn for the quarter.
If adopted, the $235bn pension system would place most of its alternative investments in buyout funds, with an additional 30% in credit related investments and growth/expansion funds.