HRJ Capital, the San Francisco fund of funds firm started by American pro-footballers Ronnie Lott and Harris Barton, has doubled its equity commitments for its latest vehicle.
The US firm has closed its third, tech-focussed buyout fund slightly below its $10 billion target, but it is more than double the size of its predecessor vehicle.
The state’s employee retirement system last year enjoyed above-average returns for large US public pensions, thanks in part to its top performing asset classes such as real estate and private equity.
The energy-focussed US firm has surpassed the target for its ninth buyout fund by $1 billion and launched a London office to support its investment activities.
The Middle Eastern firm is rolling out its regional presence with a new vehicle to target deals in Saudi Arabia. It is building a team now.
In spite of the credit crunch, the global mega funds took centre stage in the Private Equity International Awards 2007. Mid-market resilience also found favour with voters in the only truly democratic private equity awards.
The San Francisco-based firm has expanded its investment in the US multifamily sector and in the process helped a Hawaii housing development stay affordable.
Ohio-based Legacy Capital Partners will pursue holding periods of as long as 15 years.
The state’s public safety personnel pension has also approved new advisory contracts with ORG, StepStone and Capital Dynamics and announced $125 million in commitments to real estate and infrastructure funds.
If the buyout boom has gone bust, why are GPs seeking some $615 billion in fresh powder? asks Amanda Janis.
Two years after closing a $180 million fund shy of its target, the Hong Kong-headquartered firm’s fourth fund has closed above target at its hard cap.
The Southern European firm's focus hits investor sweet spot as the mid-market finds favour in the credit crunch.
The public pension has set policies for three of the four components making up its inflation-linked asset class, but said infrastructure policy will be considered later as it is the ‘most complex’.
The public pension has set criteria for three of the four components making up its inflation-linked asset class, but said infrastructure policy will be considered later as it is the ‘most complex’.
A $304 million deal for two Mexican power plants has been completed by InterGen, a company backed by Ontario Teachers’ and AIG’s private equity arms.