Sunstone Partners has continued its 100% success rate for hard cap fund closes by raising $925m for its third flagship investment vehicle. The post Sunstone Partners maintains 100% hard cap close record with $925m Fund
Alternatives investment major Investcorp has bought a majority stake in Sunrise Produce, a wholesale produce distribution company based in Southern California. The post Investcorp buys into Californian produce wholesaler Sunrise first appeared on AltAssets Private
Nordic private equity firm Summa Equity is opening its first office outside of Europe in Palo Alto, California. The post Nordic PE firm Summa Equity picks California for its first office outside Europe first appeared
US pension giant CalSTRS has revealed $3.7bn of new private equity investments amid reporting above-benchmark portfolio performance for the asset class in the rebound from the Covid-19 crisis. The post CalSTRS PE portfolio outperforms in
These secretive investment companies have pumped billions of dollars into fossil fuel projects, buying up offshore platforms, building new pipelines and extending lifelines to coal power plants.
California’s huge public retirement system, for one, offered only cautious support after new disclosures of financial ties between the firm’s chief, Leon Black, and Jeffrey Epstein.
Private equity house Oak Hill Capital has invested in Race Communications, a fiber-to-the-premises operator serving homes, small businesses and large enterprises across California.
California-based private equity firm Crescent Cove has pulled in up to $29.1m for its latest opportunity fund, so far.
