Blackstone Considers Bid For AlpInvest

Jul 19 2010 | 1:00pm ET

AlpInvest Partners is for sale, and the Blackstone Group is very interested.

Europe’s largest private equity investor put itself up for sale two weeks ago after one of its flagship investors, the Dutch pension fund manager PGGM Investments, called into question its future relationship with the money manager. While the firm is still expected to be sold to its management team, led by CEO Volkert Doeksen, Blackstone is also regarded as a strong bidder, Financial News reports.

AlpInvest has received expressions of interest from several institutions, according to FN, among them are other asset management firms and sovereign wealth firms. The auction of AlpInvest is being run by Credit Suisse Group.

AlpInvest currently boasts €46 billion in commitments from its pension fund clients.


In Depth

Q&A: Executive Recruiter Talks Hedge Fund Closures, Hiring Trends

Dec 19 2014 | 6:58am ET

This year, hedge funds have been closing at a rate not seen since the financial...

Lifestyle

Cooper-Hohn Won't Contest Divorce Settlement

Dec 18 2014 | 9:51am ET

The ex-wife of hedge fund billionaire Christopher Hohn will not contest a divorce...

Guest Contributor

Alternative Investment Funds Face A Communications Imperative

Dec 19 2014 | 6:10am ET

A handful of the top alternative investment firms on both sides of the Atlantic...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.