AIG Buys $520M In P.E. Investments

Feb 26 2007 | 11:13am ET

AIG Global Investment Group has acquired an interest in some 28 private equity funds from French investment firm Eurazeo for US$214 million, it said today. The majority of the funds are U.S.-based, with most of the rest based in Western Europe.

“AIG Global Investment Group continues to focus on the acquisition of private equity assets on the secondary market,” Herbert Lambert, head of global secondaries at AIGIG, said.

The limited partnership commitments being taken over by AIGGIG are valued at about US$520 million, and are 91% funded.


In Depth

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

The Road To Tax Alpha

May 28 2015 | 5:36am ET

Tax-related alerts are increasingly helping investment managers harvest tax alpha...

 

Sponsored Content

Editor's Note