Sam Sutton
Approximately 26% of LA Fire and Police Pensions private equity commitments are dedicated to special situations funds.
.jpg "Prudential plans $12bn in originations")
The insurance and financial services company cleared its 2013 origination target by more than $400m.
MetLife’s real estate arm originated loans in the US, Europe and Latin America last year.
Oregon will commit around $2.6bn to private equity strategies to maintain its 20% target allocation.
.jpg "Study: Distressed fundraising falls 16%")
Distressed private equity funds also generated a one-year internal rate of return of 18%.
Distressed private equity funds also generated a one-year internal rate of return of 18%.
Castlelake’s oversubscribed Fund III beat its target by $400m.
.jpg "Abacus backs Fulham buyout")
Abacus surpassed $350m in loan commitments since inception in January.
TPG’s last two buyout funds have disappointed. Fortunately, the firm’s credit and debt strategies have offered top-quartile returns.
Long known as a private equity firm, Kohlberg Kravis Roberts has spent the last half-decade building out its mezzanine, special situations and direct lending capabilities. Sam Sutton spoke with some of KKR’s top professionals to explore how they have navigated that transition.