CalPERS falls well short of annual returns goal as private equity performance turns negative
US pension giant CalPERS has fallen well short of its annual return goal amid its private equity investments tanking due to the coronavirus.
US pension giant CalPERS has fallen well short of its annual return goal amid its private equity investments tanking due to the coronavirus.
The scale at which the European private equity industry has been besieged by the coronavirus crisis is becoming increasingly clear thanks to new data from PitchBook, with fundraising, dealmaking and exit activity all falling to
Advent International has reached a cut-price agreement to buy Forescout Technologies for $1.43bn, narrowly avoiding a court trial in the wake of being sued by the company for attempting to back out of the deal.
A $250m-targeting private equity fund looking to back minority-owned businesses has been launched by the US-based Minority Wealth Commission.
The $2.2tn-managing JP Morgan Asset Management has hired former PIMCO veteran Jared Gross for its newly created role of head of institutional portfolio strategy.
Miami-based private equity house Trivest Partners has backed technology-enabled retail agency Fortress Brand as its latest investment.
Titanbay, an online platform, allows small and medium-sized institutional and professional private investors access to private equity
Laxman Pai, Opalesque Asia: Global private equity giant KKR has backed Australian carbon offsetting specialist GreenCollar through its $1.3bn Global Impact Fund, which is focused on generating risk-adjusted returns by in...Article Link
GardaWorld Security has acquired WorldAware from LLR Partners. LLR acquired WorldAware (then iJET International) in December 2013. GardaWorld was acquired by Rhone Capital and members of its senior management team in March 2017 from Apax
Groundworks, a portfolio company of Cortec Group, has acquired Foundation Systems of Michigan. This is the second add-on acquisition completed by Groundworks since Cortec acquired the company through its seventh fund in January 2020. Foundation
Align Capital Partners (ACP) has made an investment in WilliamsMarston, a provider of accounting advisory and management consulting services. WilliamsMarston provides specialized consulting services to public, private equity-backed, and pre-IPO companies to support mergers, acquisitions,
Consumer-focused private equity firm Yellow Wood Partners is back on the fundraising trail eyeing up to $750m - more than twice the amount it collected for its last fund.
The UK's biggest retail bingo company is looking to restructure, which will result in the closure of 26 stores and 570 redundancies
Private equity funds are being used for mass-scale money laundering according to the US Federal Bureau of Investigation, which said the industry lacks adequate money-laundering programmes.
Private equity executives raking in hefty amounts in carried interest could be in line for a tax hike after the UK chancellor Rishi Sunak announced an investigation into the country's current capital gains tax system.
'For the UK economy to recover there needs to be greater availability of equity,' Schroders says
Advent International has helped Amazon.com FBA business acquirer Thrasio to a $1bn valuation by leading a hefty investment round for the company.
A record-breaking year for private equity investment in Central and Eastern Europe saw €2.95bn of capital invested in over 460 companies, new data from Invest Europe shows.
Global private equity giant KKR has backed Australian carbon offsetting specialist GreenCollar through its $1.3bn Global Impact Fund.
