Wednesday, 1 October 2014
Last updated 7 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."
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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…
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