Friday, 22 May 2015
Last updated 6 hours ago
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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…