Wednesday, 25 November 2015
Last updated 5 hours ago
Dec 19 2013 | 2:41am ET
A host of private-equity firms are honing their pitches for the fundraising trail next year, seeking nearly US$30 billion for funds focused on Europe.
Bain Capital, Bridgepoint Capital, Charterhouse Capital Partners and Kohlberg Kravis Roberts are among the larger firms planning European funds in 2014. Smaller players also seeking investors include Altor Equity Partners, AnaCap Financial Partners, Exponent Private Equity, HitecVision and Silverfleet Capital, according to Financial News.
Even Equistone Partners Europe, which closed its last fund less than a year ago, may seek to raise another next year.
"In Europe we have certainly seen the fundraising recovery in 2013, and for 2014 I expect a gradual recovery in investing and fundraising," AlpInvest Partners' Tatiana Chopova told FN. "Public valuations have increased significantly, implying that many investors have become underexposed to private equity relative to their targets. There were also a lot of exits this year, which dwarfed new investments, again amplifying the denominator effect."
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…