Secondaries specialist Keyhaven scores 1.7x return on PIC investment

Secondaries private equity specialist Keyhaven Capital has sealed a 1.7x return selling its minority stake in UK-based Pensions Insurance Corporation.

Keyhaven sells PIC for 1.7x return

Keyhaven Capital Partners has sold Pension Insurance Corporation (PIC) for a 1.7x return.

VR Equitypartner's Kälte Eckert buys SOS Kältetechnik

Refrigeration systems business Kälte Eckert, a portfolio company of VR Equitypartner, has acquired Germany-based SOS Kältetechnik.

Sovereign exits BIMM to ICG

Sovereign Capital Partners has sold creative arts education provider BIMM to ICG.

LDC invests in Ross Trustees

LDC has invested in trustee and pensions support service Ross Trustees.

PAI Partners picks up majority stake in Grand Frais grocery operator Euro Ethnic Foods

European private equity player PAI Partners has picked up a majority stake in Euro Ethnic Foods, the company which owns and operates the grocery section of food retailer Grand Frais.

CVC provides £37.5m financing for Sovereign-backed Nurse Plus

CVC Credit Partners has become the sole underwriter to Sovereign Capital Partners portfolio company Nurse Plus.

PAI carves out EEF from Ardian's Grand Frais

PAI Partners has acquired a majority stake in Euro Ethnic Foods (EEF), the grocery business of Ardian-backed Grand Frais.

KPMG faces tribunal for misleading pension regulators in deal involving HIG

The accountancy firm was accused of ‘bringing discredit to the profession’ in a hearing stemming from the sale of mattress company Silentnight

Illinois pension picks trio of new Versant funds, Lightspeed Venture Partners vehicle as latest fund commitments

The $45.2bn-managing Illinois Municipal Retirement Fund has agreed $85m of new venture capital investments across a string of funds.

PSERS reveales trio of new private equity commitments totalling almost $400m

The $59bn-managing PSERS pension fund has revealed a trio of new private equity commitments totalling close to $400m.

Three quarters of investment banks plan to keep employees home permanently

'While offices aren’t completely going away, banks will give greater flexibility to their teams as a way to improve employee retention and save money'

Virginia pension commits to HIG Europe distressed fund, new $7.5bn GTCR vehicle – report

The $83bn-managing Virginia Retirement System has committed more than $300m across a pair of private equity funds, including GTCR's newly-closed $7.5bn Fund XIII.

GlobalCapital Asia awards 2020: Investment banks

In the final instalment of GlobalCapital Asia’s awards announcements, we reveal the best Asian investment bank and the best investment bank in the region for 2020, as well as the bank that stands out for

TPG, CPPIB invest another $500m in Viking Cruises as company attempts to navigate Covid woes

TPG Capital and the Canada Pension Plan Investment Board have made another $500m investment in Viking Cruises as the company looks to navigate the trying times caused by the coronavirus crisis.

G4S rejects £3.26bn offer from PE-backed Allied Universal

Allied Universal is backed by Canadian pension fund Caisse de Dépôt et Placement du Québec, private equity company Warburg Pincus and Brazilian bank J Safra Group

Fiduciary management hits £200bn milestone in UK, research finds

That was 15% up on the year before, according to the study, by pensions consultancy Isio

Brookfield Asset Management holds €1.14bn of its first European core-plus real estate fund

Brookfield Asset Management has closed its first European core-plus real estate fund, with a total capital pool of €1.14bn. The fund exceeded the initial target of €1bn and was backed by a range of investors

Leon Black Calls Relationship with Jeffrey Epstein a ‘Terrible Mistake’

Mr. Black, the billionaire chief executive of Apollo Global Management, said others’ continued association with Mr. Epstein gave him “misplaced comfort” in doing business with him

AMB :- Opalesque Exclusive: Pensions raise concerns over the pandemic, US elections

Bailey McCann, Opalesque New York: Pension plan sponsors are worried about how the pandemic and the upcoming election will ultimately impact their retirement plans, according to new data from pension consultant NEPC. Rec...Article Link

We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.