Tag Archives: private equity fund
Abax to Follow Blackstone, CLSA With China Private Equity Fund
Bloomberg – Abax Global Capital Ltd., a Hong Kong-based hedge fund manager backed by Morgan Stanley, plans to start a private equity fund in China that invests in companies making environmentally friendly products such as clean energy. The yuan-denominated fund […]
The New Hedge Fund Bucket List: Sojourn to the Middle Kingdom
Wall Street Journal Blogs – From its 17th-floor offices in the New Beijing Poly Plaza building, the monolithic landmark commissioned by the state-owned conglomerate China Poly Group Corp., China’s massive sovereign-wealth fund has established itself as a prime destination for […]
Hamilton Lane to manage $250m growth capital fund of funds for Florida
AltAssets – Florida’s State Board of Administration has launched a $250m growth capital fund of funds that will invest in technology and growth-related businesses with a presence in the US state. The Florida Growth Fund, to be managed by private […]
Return To Eastern Europe
Forbes – Plummeting stock prices in Eastern European should have made the region full of rich pickings for Western investors, but hedge funds and private equity firms have been sitting on the side lines for the last few months, fearful […]
Paulson to Launch New Real Estate Fund, Report Says
New York Times Blogs – John Paulson, the hedge fund manager who reaped a windfall betting against the U.S. housing market before the credit crunch, is now hoping to ride to riches on the property industry’s recovery, The Telegraph reported. […]
Steel Partners opposes bid for Aderans stake
Reuters – U.S. hedge fund Steel Partners said it has urged shareholders of loss-making wig maker Aderans Holdings to reject an offer by Japanese private equity fund Unison Capital to buy Aderans shares. Japan’s Aderans said last month it supported […]
Silo Forges $100M Venture With Private Equity Players
GlobeSt.com – Locally based direct private lender Silo Financial Corp. has formed an alliance with a New York City-based private equity fund to concentrate on non-performing loans, says Silo founder Jonathan Daniel. The fund has earmarked $100 million "for opportunistic […]
Morgan Stanley AIP Raises $1.14 Billion for New Fund
American Chronicle – Morgan Stanley Alternative Investment Partners has raised $1.14 billion in commitments for its new private equity fund of funds, Morgan Stanley Private Markets Fund IV. The capital raised for the new fund represents a nearly 15% increase […]
Abbott Capital Management closes $1bn private equity fund of funds
AltAssets – Abbott Capital Management, a US-based independent investment manager, announced today that it has met its target for the Abbott Capital Private Equity Fund VI, having raised over $1bn. Like Abbott’s previous funds, the investment strategy for ACE VI […]
Goldman Sachs Raise $5.5 Billion For Private Equity Fund
West Palm Beach (HedgeCo.net) – Goldman Sachs Asset Management announced today that it has raised its fifth dedicated private equity secondaries fund, GS Vintage Fund V, with approximately $5.5 billion in capital commitments. GS Vintage Fund V will focus primarily […]
NY State Pension Fund Linked to Millions in Kickbacks from Private Equity, Hedge Funds
New York (HedgeCo.Net) – Two high-ranking men who worked in the New York State comptroller’s office were arrested yesterday after it was discovered they took millions of dollars in kickbacks from private equity and hedge funds, said Attorney General Andrew […]
