12 Jun 2007
FSA to increase monitoring of banks' private equity exposure
The Financial Services Authority says its approach to dealing with the potential risks posed by private equity has been endorsed by market…
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Limited partners gaining ground on fees and governance, says report
Limited partners in private equity funds are gaining ground on terms related to management fees, profit distributions and governance,…
11 Jun 2007
Axa Private Equity closes fourth secondary fund at USD2.9bn
Axa Private Equity has completed the final closing of Axa Secondary Fund IV, bringing its total assets under management in secondary funds…
08 Jun 2007
Bramdean to list diversified fund of alternative funds
Bramdean Asset Management, the multi-manager investment business headed by Nicola Horlick, has announced plans for a new stock…
OECD rejects corporate governance code for hedge funds and private equity
Member countries of the Organisation for Economic Co-operation and Development have agreed that the corporate governance practices of…
07 Jun 2007
Partners Group Direct Investments 2006 closes at EUR500m
Swiss-based alternative asset manager Partners Group has announced the final close of its Partners Group Direct Investments 2006 private…
CalPERS launches USD700m healthcare investment plan with private equity firm
The California Public Employees' Retirement System has announced a USD700m effort to generate superior portfolio returns and improve…
Outback Steakhouse shareholders approve private equity buyout
Shareholders in OSI Restaurant Partners, owner of the Outback Steakhouse restaurant chain, have approved the acquisition of the company by…
Hub International Shareholders Approve Proposed Acquisition
The shareholders of North American insurance broker Hub International have approved the acquisition of the company by funds advised by Apax…
Keeping the BVI fund industry competitive
The hedge fund industry in the British Virgin Islands has enjoyed steady if not spectacular growth over the past few years, with the number…
06 Jun 2007
Advent International extends eastern Europe focus with Prague office
Global buyout firm Advent International has opened an office in Prague headed by partner Chris Mruck, who joined the firm in 1997 after 10…
Shackleton Ventures acquires further secondary portfolio from 3i
Shackleton Ventures, a secondaries venture capital firm, has announced that its Shackleton Secondaries LP fund has purchased a further…
Elevation takes stake in PDA firm Palm
Palm, the manufacturer of personal digital assistants and Treo smartphones, has announced that private equity firm Elevation Partners will…
