Private equity vehicles and sovereign wealth funds from the Middle East are making headlines - and worrying politicians - with high-profile direct investments in Western markets, writes Rob Kotecki.
The US private equity mid-market – made up of hundreds of firms but controlling only half the capital in the market – has been somewhat insulated from the turmoil of the megafund deal market. While it faces an altered landscape, the mid-market's challenges are being offset by greater interest from foreign strategic buyers as well as returns-minded LPs. David Snow reports.
European venture capital has had a bad press which, on the basis of its long-term performance, appears largely justified. Andy Thomson canvasses LPs for their current views of the space.
Just weeks after raising South America's first billion-dollar fund, GP Investimentos signed the region's largest-ever buyout agreement.
Superwoman Nicola Horlick tells the industry that its public relations skills leave a lot to be desired.
Swedish buyout firm Litorina Kapital, led by Harold Kaiser, has held the final close of its latest fund two times oversubscribed despite losing cornerstone investor Swedbank.
The US alternative assets group has sold a further 7.5 percent stake in itself to a strategic investor, valuing David Rubenstein's firm at $20 billion. It sold 5.5 percent to CalPERS in 2000.
US investment bank Lehman Brothers has closed its fifth venture fund on $365 million.
US buyout firm TH Lee has created a credit fund with $500 million in commitments and a dedicated credit division staffed largely by ex-AIG executives, including AIGGIG’s former head of private placement, Sam Tillinghast.
Private equity legend Ted Forstmann is returning to active investment, after winding down his own firm in 2004. He is raising a $250 million media and entertainment fund with Chris Albrecht, formerly the head of HBO.