Fundraising

Offshore LPs invested with China-based private equity managers are concerned at the conflict of interest between USD-denominated vehicles and their RMB-denominated counterparts. But what can be done?

Long-standing fixture of the European private equity landscape Candover has decided to continue life only as a realisation vehicle, returning money to shareholders as investments are sold.

After a lacklustre 2009, the secondaries market is marking a return to (booming) business as usual, finds Amanda Janis.

Global private equity giants like Carlyle, Blackstone and KKR are testing new strategies in order to do private equity in China.

The turnaround specialist has recruited former GSC Group executive Philip Raygorodetsky to oversee the firm’s third fund, reportedly targeting $1bn.

The Oregon Investment Council has started a new private equity relationship with Blackstone as it contemplates cutting its next commitment to KKR.

The Euronext-listed fund of funds received $129m in distributions in the second quarter as the firm continues its ‘realisation strategy’ of tending to capital calls and not making new commitments.

LPs have approved a one-year extension for the investment period of the firm's, co-led by Mark Patterson, $5bn third fund.

Two of Eaton Partners’ former European fundraisers have set up London-based placement agent Threadmark.

The Blackstone Group has granted a number of investors additional time to make commitments to its Blackstone Capital Partners VI fund before making a final close.