The US middle market firm recently closed its fourth special situations fund; its strategy has an emphasis on companies with ‘renewable business models’.
The Gores Group-spin out has closed its second fund after less than three months in the market.
The energy-focussed private equity firm is the latest buyout shop to invest in Cobalt International Energy, a company that last year received $500 million from Riverstone and Goldman Sachs.
Bahrain’s Ithmaar Bank, Shamil Bank and the Islamic Investment Company have held a first close on their mutli-strategy private equity fund targeting $500 million.
The life sciences-focussed venture firm has held a first and final close on its sixth fund.
Global Capital Management, a subsidiary of Kuwaiti investment bank Global Investment House, has held a first close on its MENA fund with more than $500 million in commitments.
Bill Richardson is the latest Democratic Presidential candidate to join the carried interest debate on Capitol Hill – but unlike his peers, he does not endorse the tax-raising proposals carte blanche.
Weeks after opening a Romanian office and co-launching a €150m fund of funds, the Icelandic investment bank has reportedly said it will partner with Nikhil Gandhi’s Sea King Infrastructure on a $500 million private equity fund.
The buyout firm has leased the eighth floor of the Crown Building, an historic Fifth Avenue skyscraper, for ‘certain administrative functions’.
The UK mid-market firm Inflexion is looking for growth organically and through acqusitions from its investment in a UK telephony services provider.
Sir David Walker has spoken out against demands for separate legislation of private equity and has defended his decision to give UK industry group the BVCA the responsibility of enforcing his proposed code of conduct.
In the latest example of a private equity firm acquiring a Canadian income trust following a change to Canada's tax policy, Sentinel will pay $57 million to reacquire yarn company Spinrite.
A new tax on carried interest would be ‘a lot bigger than just private equity’, according to Phillips Hinch, a tax specialist with the US Chamber of Commerce, which recently released the second half of its study on proposed policy changes to carried interest taxation. Hinch tells PEO why the chamber opposes a change to carried-interest tax policy.
The UK mid-market firm has closed its fourth fund above its initial £200 million target. It’s the firm’s first independent vehicle since spinning out of F&C Asset Management in 2005.
Former US Vice President Al Gore has become a partner at Kleiner Perkins, as part of a joint venture to back greentech companies along with Gore’s environment-focussed investment firm, Generation Investment Management.