This Week's Fund Closings

Nov 11 2005 | 9:24pm ET

• Rye Brook, New York-based private equity firm Cadent Energy Partners has closed its first fund, Cadent Energy Partners I, with $220 million in commitments.

• Darien, Conn.-based Portfolio Advisors has closed its third fund of funds, Portfolio Advisors Private Equity Fund III, with $661 million. The fund, which was launched in June 2004, originally had a target of $250 million.

• New York-based private equity firm Salmon River, which is managed by Joshua Lewis, has held a first close of its initial fund with $20 million in commitments.

• Private equity firm Energy Investors Funds has closed the firm's sixth institutional fund, the United States Power Fund II, with $750 million in commitments. The fund's original target was $500 million.

• PNC Financial Services Group's private equity arm has closed its third fund, the PNC Mezzanine Fund III, with $350 million in commitments.

• Capri Capital Advisors, which provides debt and equity capital to real estate developers and owners, has closed its second commingled mezzanine debt fund with $287.5 million. Trish Hoffman, spokeswoman, said the firm has 15 institutional investors, but declined to name them.


In Depth

Q&A: Jeff Eaton Talks Capital Raising, CalPERS And The Secondaries Market

Oct 14 2014 | 10:16am ET

Global placement agent Eaton Partners has raised close to $60 billion for some of...

Lifestyle

MacDonald-Korth Offers Insights Into Paintings Bought, Sold By Hedgies

Oct 7 2014 | 9:00am ET

Definitive and complete ratings require an in-person examination of an artwork,...

Guest Contributor

PAAMCO: European Equity Exposure - Challenging Year, But All is Not Lost

Oct 16 2014 | 4:12am ET

European equity hedge fund managers have had a tough time so far this year. The...

 

Videos

Editor's Note

    Must Attend Hedge Fund Charity Events For October

    Sep 30 2014 | 9:29am ET

    The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…

 

Futures Magazine

October 2014 Cover

Deeply flawed risk benchmark

Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...

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.