Sam Sutton
The firm has collected more than €4bn for control-oriented, mid-market investments in Sweden, Germany, Norway and Denmark as well as secondary activity in Central Europe.
Kirill Dmitriev, CEO of the $10bn Russian Direct Investment Fund, told Private Equity International the fund will be taking on risk alongside GPs, which should give them more confidence in Russia as a secure investment destination.
The San Francisco-based firm has jumped on the healthcare bandwagon with its $320m acquisition of Sage’s healthcare services division.
The New York-based private equity firm has collected $150m for investments in pharmaceutical products and medical device companies that will employ strategies like royalty monetisation.
The Board of Regents has bet nearly half of its $7.8bn endowment fund on alternative assets, which include private equity, real estate and energy investments.
South American companies accounted for 10% of Europe’s add-on activity in the second quarter, according to a report from Silverlight and private equity research firm mergermarket.
The Los Angeles based firm has already received at least $350m in commitments for the fund, which will invest in control positions on the mid market.
The private investment firm, which was founded by former Sun principal Michael Fieldstone in 2009, has brought in another former Sun principal to help lead the firm.
The Washington State Investment Board made a pair of commitments to Leonard Green & Partners and Endeavour Capital.
The San Francisco-based private equity firm posted a 7.8x return last year, when it sold decorative labels provider Fort Dearborn for $520m.