Riverstone Holdings LLC is in no hurry to exit its investment in Pattern Energy Group Inc, the first major, pure-play wind energy specialist to go public in the history of the U.S. stock market, the chief executive of the San Francisco-based power generator told Buyouts.
Kristi Craig, former executive with the Small Business Investor Alliance, confirmed a news report that she joined the Georgetown University endowment earlier this month as director of private markets, sister publication peHUB reported.
A new-ish firm has been talking to potential investors about its debut fund, sources told sister publication peHUB.
Massive sovereign wealth fund China Investment Corporation formed a new relationship with The Carlyle Group earlier this year, a person with knowledge of CIC told sister publication peHUB.
The San Francisco Employees’ Retirement System’s mid-decade venture funds turned in a mixed performance during the second half of last year as investors felt the uncertainty of a presidential election, the looming fiscal cliff and a soft economy. The portfolio remains well in the black. But almost as many funds lost ground as gained it […]
Platinum Equity Capital Partners LP, the vintage 2004 domestic distressed and turnaround fund, logged an IRR of 60 percent as of Sept. 30, 2012, according to data from the Pennsylvania Public School Employees’ Retirement System. It’s ranked as the top-performing fund from that vintage year, according to a survey by Buyouts. Mark Barnhill, a partner at the firm, spoke about Platinum Equity’s performance.
Texas power company Energy Future Holdings (EFH), partly owned by KKR & Co, moved closer to a prepackaged bankruptcy plan with the signing of confidentiality agreements with its creditors as it looks to restructure its $40 billion debt, sister news service Reuters reported.
Before the financial crisis, big club deals were a thing. Today, the trend seems more toward LPs co-investing alongside their GPs. How does Pantheon see this trend evolving? If you go back to 2007, there were some very large transactions taking place, and capital was quite readily available with other sponsors, and there weren’t as […]
Tech M&A continues to pick up steam among buyout shops as the way to riches. But loftier valuations are causing sponsors to turn more frequently to carve-outs, turnarounds and the creation of platforms for buy-and-builds.
Frank (Tripp) Brower III, a founder of Dallas-based placement agency Capstone Partners, died on Sept. 29 of multiple myeloma, at the age of 53, after a 16-month battle with the form of blood cancer. From a standing start in 2001, Brower helped build Capstone Partners into a global player, raising money from offices in Dallas, […]
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