The $246bn-managing California State Teachers’ Retirement System has struggled to a 3.9% net return for the financial year as Covid-19 amid a huge slump in its private equity performance.
The losses would still be dwarfed by those stomached during the financial crisis
Veteran former NEA general partner Kittu Kolluri is back with his second Neotribe Ventures fund, which has hit $216m for its final close.
A number of Ireland- and UK-based GPs that closed their most recent funds more than three years ago have delayed fundraises to either later in 2020 or 2021, or have altogether decided to explore new
Mountain Capital, the energy-focused private equity house launched by former Apollo senior partner Sam Oh, is reportedly nearing its $650m goal for its sophomore fundraise.
New York investment house Z Capital Group has brought in Laura Krivec as director for corporate development.
Blackstone's secondaries arm Strategic Partners has closed what is believed to be the world's biggest infrastructure secondaries fund on $3.75bn.
Laxman Pai, Opalesque Asia: European investor Capza has held the first close for Capza 5 Flex Equity on €450m ($516m). The vehicle has a target of €500m and has already exceeded the size of its
Laxman Pai, Opalesque Asia: Global asset manager Schroders has raised €312m ($358m) from European and Asian investors for its second pan-European infrastructure debt fund. Schroder Euro Enhanced Infrastructure Debt Fu...Article Link
UK private equity house Bridgepoint has been linked with a large stake purchase of English football's Women's Super League.
Consumer brands-focused private equity house VMG Partners has named four new partners, adding to the three promotions it revealed late last month.
Optimum Group, a UK-based labels and flexible packaging company backed by IK Investment Partners, has wholly acquired FlexoPrint Group, a Danish producer of self-adhesive labels, from Danish private equity fund Capidea and other stakeholders.
L Catterton Europe has acquired Italian online dietary supplements retailer IAF Store.
European private equity house Silverfleet Capital has brought in Towerbrook Capital senior principal Christian Süss as a partner in its Munich office.
RedBird Capital has become the latest private equity house to target strong returns from soccer team investing after picking up a majority stake in France's Toulouse FC.
Bridgepoint is in talks to acquire Women's Super League (WSL), England's women's football competition, from the Football Association (FA), according to a Sky News report.
Asset management major Schroders has hit a €312m first close for its new fund targeting sub-investment grade infrastructure debt.
PharmaLex, a portfolio company of Auctus Capital Partners, has acquired UK-based pharmaceutical, biotechnology and medical device consulting company Regulis Consulting.
A string of private equity houses have reportedly made it to the next round of bidding for Nestle's Chinese unit Yinlu Foods Group.
Private equity giants attempting to take over eBay's classified advertising unit have been dealt a blow amid reports the web auction titan is nearing a $9bn sale to Norwegian trade player Adevinta.
