Tuesday, 2 September 2014
Last updated 3 days ago
Jun 11 2007 | 9:08am ET
Lehman Brothers has raised approximately $3.3 billion for Lehman Brothers Merchant Banking Partners IV, a global fund focused on control and significant minority stakes in small- to mid-cap companies. The fund includes approximately €920 million ($1.2 billion) dedicated to investments in Europe.
Fund IV seeks to invest in companies in the United States, Europe and Asia “with strong fundamentals, favorable growth prospects and positive cash flow.”
“European and Middle Eastern investors account for approximately one-third of the total capital of Fund IV, which reflects the increased importance of European private equity deals within our global platform,” says Vittorio Pignatti Morano, vice chairman and head of European Private Equity for Lehman Brothers.
The new fund, which includes $500 million from Lehman Brothers and its employees, is the latest in a series of private equity funds the firm has been raising and brings total p.e. funds now under management to approximately $18 billion.
Lehman Brothers’ Private Equity business consists of 16 different fund strategies across six asset classes: merchant banking, venture capital, real estate, fund-of funds, credit and infrastructure.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...