This Week's Fund Closings

Jan 26 2006 | 7:41pm ET

• Vestar Capital Partners has closed its latest private equity fund, Vestar Capital Partners V, with total commitments of $3.7 billion. Approximately 130 institutional investors are participating in the fund, with was oversubscribed by $700 million. The buyout firm targets companies in the U.S. and Europe with valuations in the $100 million to $3 billion range.

• Venture capital firm General Catalyst Partners has closed its fourth fund with $400 million in commitments. Investors in the fund, which will focus on entrepreneurs building technology-oriented companies, include existing General Catalyst limited partners and major endowments and foundations. The new fund brings the firm’s total capital under management to nearly $1 billion.

• Chicago-based private equity firm Muller & Monroe Asset Management has closed its latest fund-of-funds with $143 million in commitments. The firm specializes in investing with emerging managers.

• Private equity partnership InterMedia Advisors, which was founded by media executive Leo Hindery Jr., has held an interim close on its first fund, a $1.5 billion targeted vehicle. The fund of the former Global Crossing ceo specializes in investing in mid- to large-sized media and communications companies. 


In Depth

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

Concerned About Your HFT Exposure? Hedge It!

Mar 26 2015 | 1:06pm ET

High-frequency trading has been a persistent storyline for several years. The trading...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs 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…

Editor's Note