Sunday, 29 March 2015
Last updated 1 day ago
Jul 11 2007 | 9:51am ET
New York-based private equity firm Clearwater Capital Partners recently held a final close of Clearwater Capital Partners Fund III with $900 million in committed capital.
The fund’s strategy is focused on building a diversified portfolio of special situation investments, distressed and undervalued assets and securities in Asia, excluding Japan. “We have a very positive view of the investment opportunities in special situation investing in Asia and the extremely robust investor interest we witnessed in the fundraising for Fund III is evidence that others share our enthusiasm for the region and the asset class,” said Robert Petty, co-founder.
Investors in the new fund comprise of institutional and individual investors including state and corporate pension funds, fund of funds, endowments, foundations, insurance companies and family offices in the U.S., Asia and Australia.
Petty and co-founders Amit Gupta and Bruno Beuque founded the firm in 2001.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
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…