Private Equity Professional

MARCH 21, 2024

Equity and debt investor Comvest Partners has closed its sixth flagship private equity fund, Comvest Investment Partners VI LP, with total capital commitments of $881 million. Fund VI received commitments from a range of limited partners including foundations, insurance companies, pension funds, asset managers, consultants and family offices.

Pension Funds 130

Pension Funds Funds Consultants Consulting 130

Private Equity Insights

FEBRUARY 2, 2024

The New York State Teachers Retirement System (NYSTRS) committed $400m (£315.55m) to private debt funds between October and December last year. The pension fund allocated $300m to the OIC Credit Opportunities IV fund, while the remaining $100m was committed to the Peninsula VIII, according to publicly available documents.

Debt 130

Debt Pension Funds Bidding Assets 130

Private Equity Insights

AUGUST 17, 2023

Alternative asset managers are increasingly looking to raise private credit funds to provide lending to borrowers previously served by banks. According to data from Preqin, globally, 34 private credit funds raised $71.2bn in the quarter ended 30 June.

Pension Funds 130

Pension Funds Funds Asset Management Assets 130

Private Equity Insights

FEBRUARY 9, 2024

Graf remains cautiously optimistic about the deal pipeline, despite the difficulties encountered by firms including Silver Lake and Brookfield Asset Management last year in completing transactions. The new fund comprises around A$850 million from investors and the balance in loans from Sumitomo Mitsui Banking Corp. billion ($1.7

Leveraged Buyouts 130

Leveraged Buyouts High Net Worth Individuals Pension Funds Buyout 130

The Big Picture

SEPTEMBER 19, 2023

The transcript from this week’s, MiB: Elizabeth Burton, Goldman Sachs Asset Management , is below. Elizabeth Burton is Goldman Sachs asset management’s client investment strategist. Previously she was Chief Investment Officer at various state pension funds, including Maryland and Hawaii. Absolutely.

Asset Management 57

Asset Management Assets Pension Funds Hedge Funds 57

Private Equity Insights

OCTOBER 23, 2023

The cornerstone investor of BInF II is the European Investment Fund (EIF). Investors contributing to the fund include EIF, Swedbank pension funds, SEB pension funds, LHV Pension funds and pension funds managed by Citadele group. “We

Pension Funds 130

Pension Funds Funds Asset Management Financing 130

Private Equity Insights

JANUARY 26, 2024

Windjammer has now raised and managed more than $3bn of capital targeting control-oriented equity investments and has completed more than 60 platform investments and 160 strategic add-ons throughout its history. New and returning investors in Fund VI include private and public pensions, family offices, insurance companies and asset managers.

Capital 130

Capital Pension Funds Funds Legal 130

Private Equity Professional

AUGUST 1, 2023

CenterGate Capital has held a final and above target closing of CenterGate Capital Partners II LP (Fund II) with just over $375 million of capital. Limited partners in Fund II include pension funds, endowments, foundations, family offices, asset management firms, and financial institutions.

Pension Funds 130

Pension Funds Funds Financial Institutions Asset Management 130

Private Equity Insights

AUGUST 17, 2023

Read more CrossHarbor Exceeds Target with $865M Close of 10th Opportunity Fund CrossHarbor Capital Partners, a multi-strategy commercial real estate investor, closed its tenth. read more The post CrossHarbor Exceeds Target with $865M Close of 10th Opportunity Fund appeared first on Private Equity Insights.

Pension Funds 130

Pension Funds Funds Asset Management Assets 130

Private Equity Wire

MAY 2, 2024

HighVista Strategies, an alternative asset manager focused on investments in public and private markets, has held the final close of HighVista Private Equity X, with $675m of capital commitments.

Pension Funds 80

Pension Funds Enterprise Values Asset Management Assets 80

AltAssets

DECEMBER 13, 2023

AustralianSuper, the country’s biggest pension fund, has upped its exposure to private debt for US mid-market companies by $1.5bn through an expanded partnership with Nuveen investment arm Churchill Asset Management.

Debt 77

Debt Pension Funds Asset Management Assets 77

FinSMEs

MAY 2, 2024

HighVista Strategies, a Boston, MA-based asset management firm pursuing specialized investments in public and private markets, closed its Private Equity Fund X, at $675M. The fund received support from pension funds, endowments, foundations, and family offices, in addition to welcoming several new investors into the program.

Pension Funds 57

Pension Funds Funds Asset Management Assets 57

The Motley Fool

OCTOBER 9, 2023

Despite conservative disdain for environmental, social and governance (ESG) initiatives -- or "woke" capitalism, as they call it -- one research project found climate change remains a chief concern when asset managers choose not to invest in portfolio companies, the Financial Time s reported.

Pension Funds 130

Pension Funds Funds Investing Financial Institutions 130

Private Equity Wire

MARCH 13, 2024

KSL Capital Partners, a private investment firm focused on travel and leisure businesses, has closed its latest travel and leisure focused private equity fund, KSL Capital Partners VI (KSL VI), with total capital commitments of $2bn.

Capital 88

Capital Pension Funds Funds Asset Management 88

Private Equity Wire

APRIL 11, 2024

Lone View Capital, an LA-based private equity firm investing in the technology sector, has held final close of its inaugural fund, Lone View Capital Fund I with total committed capital of $850m, bringing the firm’s AUM to approximately $1.1bn.

Private Equity Firms 84

Private Equity Firms Private Equity Firms Pension Funds Funds 84

Private Equity Insights

NOVEMBER 10, 2023

HP IX has over 90 investors, primarily institutional and well diversified across pension funds, sovereign wealth funds, insurance companies, asset managers and family offices. Harvest and its affiliates have over $20 billion of assets under management.

Buyout 130

Buyout Private Equity Firms Private Equity Firms Pension Funds 130

Private Equity Insights

DECEMBER 12, 2023

Top global asset managers including BlackRock are among investors in an Asia-focused infrastructure private equity fund that raised $800m, underscoring growing interest in the asset class amid market volatility. The Asia-managed fund says it has already deployed half the money raised in three platforms.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Funds Pension Funds 130

Private Equity Professional

JUNE 21, 2023

TA Associates has held an oversubscribed and hard cap close of its latest flagship fund, TA XV LP (Fund XV), with total limited partner commitments of $16.5 Fundraising for Fund XV began in November 2022. Visit the site and log in/register to read.

Pension Funds 100

Pension Funds Funds Asset Management Assets 100

Private Equity Insights

FEBRUARY 2, 2024

US private equity giant KKR and top Canadian pension fund Canada Pension Plan Investment Board ( CPPIB) have launched a $465 million block deal in Indus Towers as both investors eye an exit from the leading telecom tower company, multiple industry sources in the know told Moneycontrol.

Pension Funds 130

Pension Funds Stakes Bidding Asset Management 130

Private Equity Insights

NOVEMBER 30, 2023

Despite challenging market conditions in 2023, the fund attracted significant interest, surpassing its initial €1.5bn target. The fund’s investor base has grown to 35, comprising a mix of new and returning investors, including institutional pension funds and insurance companies worldwide.

Pension Funds 130

Pension Funds Asset Management Funds Assets 130

Pension Pulse

JULY 26, 2023

In February 2023 they published their latest benchmarking study, ranking 77 of the world’s largest asset managers’ approaches to responsible investment. (9) Given the audience for Pension Pulse, I take no pleasure in highlighting that the highest-ranked Canadian asset managers are D rated.

Asset Management 52

Asset Management Assets Capital Financing 52

Private Equity Wire

MARCH 20, 2024

Middle-market private equity and credit investment firm Comvest Partners has closed its sixth flagship private equity fund, Comvest Investment Partners VI (CIP VI), with total capital commitments of $881m. CIP VI attracted commitments from foundations, insurance companies, pension funds, asset managers, consultants and family offices.

Pension Funds 90

Pension Funds Funds Buyout Consultants 90

Private Equity Insights

SEPTEMBER 21, 2023

In the fund, existing foreign Limited Partners have been joined by new LPs, including the Saudi Arabia Public Investment Fund and Mubadala Investment Company from the Middle East, as well as Canadian pension funds. These alone have raised funds amounting to about 2 trillion won.

Pension Funds 130

Pension Funds Funds Asset Management Investing 130

Private Equity Insights

DECEMBER 12, 2023

A General Atlantic IPO would test investor sentiment toward alternative asset managers as the industry grapples with the end of the era of cheap debt that fueled easy dealmaking. Despite those headwinds, publicly traded peers such as Partners Group Holding AG and Bridgepoint Group Plc have each gained about 30% in the past year.

Initial Public Offering 130

Initial Public Offering Pension Funds Asset Management Education 130

Private Equity Insights

SEPTEMBER 13, 2023

Mubadala Investment Company , Abu Dhabi’s sovereign investment arm, has formed a strategic partnership with New York-based alternative asset manager Blue Owl Capital as it seeks to co-invest in private credit opportunities amid a tightening monetary environment around the world.

Capital 246

Capital Investing Private Equity Firms Private Equity Firms 246

Private Equity Insights

JANUARY 26, 2024

Under the terms of the agreement, the valuation of 100% of the 674 MW now incorporated amounts to €627 million, excluding extra margins for asset management, provision of operation and maintenance services, as well as other corporate services. Read more Canada’s Top Pension Funds Embark on Major Private Credit Expansion with C$1.3

Banks 130

Banks Pension Funds Stakes Investing 130

Private Equity Wire

MARCH 28, 2024

Private credit manager Pemberton Asset Management (Pemberton) has held the final close of its Strategic Credit Fund III at €2.3bn, bringing total AuM across the three vintages of the strategy to €4.9bn.

Pension Funds 71

Pension Funds Funds Asset Management Financial Services 71

FinSMEs

APRIL 11, 2024

Lone View Capital, a Los Angeles, CA-based private equity firm investing across the technology ecosystem, raised $850M for its inaugural fund.

Capital 57

Capital Private Equity Firms Private Equity Firms Pension Funds 57

FinSMEs

MARCH 19, 2024

Comvest Partners, a West Palm Beach, FL-based middle-market private equity and credit investment firm, closed its sixth flagship private equity fund, Comvest Investment Partners VI, at $881M.

Pension Funds 57

Pension Funds Consultants Consulting Funds 57

Private Equity Wire

NOVEMBER 30, 2023

Fund IV provides strategic financing to assist high quality, established private businesses finance acquisitions and organic growth, often capitalizing on the aging demographic universe of business owners looking to exit at potentially compelling valuations for buyers. There was strong support from new and longstanding clients from 25+ U.S.

Pension Funds 92

Pension Funds Funds Asset Management Financing 92

Pension Pulse

MAY 8, 2024

Ishika Mookerjee and Sheryl Tian Tong Lee of Bloomberg report Quebec pension struggles to deploy $7 billion for energy transition: One of Canada’s biggest pension funds says it hasn’t been able to deploy the CAD 10 billion ($7.3 Not available on YouTube yet but you should watch this interesting discussion here.

Pension Funds 64

Pension Funds Financing Finance Deal Flow 64

The Motley Fool

JULY 9, 2023

During the past 10 years, the asset manager BlackRock (NYSE: BLK) has turned a $1,000 investment into $3,500 with dividends reinvested. This is especially true of the asset management industry because of the enormous resources that individual investors and institutional investors such as pension funds and insurers have at stake.

Exchange-Traded Funds 130

Exchange-Traded Funds Asset Management Pension Funds Investing 130

AltAssets

SEPTEMBER 11, 2023

DigitalBridge Group, a leading global alternative asset manager dedicated to investing in digital infrastructure, and AustralianSuper, Australia’s largest pension fund, has announced AustralianSuper is investing €1.5

Pension Funds 84

Pension Funds Asset Management Stakes Assets 84

Private Equity Wire

FEBRUARY 12, 2024

Fund III is 27% larger than its predecessor, Fund II, which closed at £821m, and attracted support from new and existing investors globally including public and private pension funds, endowments and foundations, asset managers and private investors from across North America, the United Kingdom, Continental Europe, Japan and Australia.

Private Equity Firms 83

Private Equity Firms Private Equity Firms Pension Funds Funds 83

Private Equity Insights

DECEMBER 5, 2023

The Singapore-based firm has received initial interest from North American pension funds totaling $500m ahead of the fund launch in January, according to a fund document seen by Bloomberg News. The firm is seeking at least $1.25bn and may raise another $750m, capping the fund size at $2bn, the document shows.

Capital 130

Capital Private Equity Firms Private Equity Firms Initial Public Offering 130

Private Equity Wire

DECEMBER 18, 2023

With Fund II, Turnspire will continue targeting businesses with revenues between $50m and $400m. Fund II also includes significant participation from the general partner and members of Turnspire’s executive operator network.

High Net Worth Individuals 79

High Net Worth Individuals Capital Pension Funds Funds 79

The Motley Fool

SEPTEMBER 18, 2023

Blackstone (NYSE: BX) recently reached a huge milestone when it surpassed over $1 trillion in assets under management ( AUM ) in the second quarter. It became the first global alternative asset manager to hit that level and will add another notch to its belt when it joins the S&P 500 index later this month.

Investment Banking 130

Investment Banking Investment Banks Hedge Funds Banks 130