Fundraising

Massachusetts venture firm raised $250 million for technology and life sciences investments, as co-founder Duane Mason announces his retirement.

Pension funds invested over $62bn in alternative asset classes during 2004, including $30bn in real estate and $17bn in private equity FoFs according to a new report.

The global ING-affiliated private equity firm has closed its fourth primary fund of funds on $250 million.

The London-listed global private equity firm has stepped up its limited partner activities with a substantial investment in I2, a UK-based infrastructure fund.

The Baltimore-based private equity firm has raised $300m for its fifth fund, including a $25 contribution from the Pennsylvania State Employees’ Retirement System.

The country’s $133bn pension fund has pledged $350m to two Asian private equity funds as it looks to commit $7bn to the sector over the next five years.

Michael Kim, the former co-head of Asian buyouts at Carlyle Group, has quickly amassed $750 million of commitments for his spinout fund MBK Partners, according to a report.

As the private equity arm of Henderson Global Investors gears up for the launch of its second pan-Asian growth capital fund it has announced the doubling of its money in Singapore-based MagiNet.

The global private equity firm is demonstrating a penchant for investing in other firms’ funds. But don’t expect it to launch a fund of funds operation just yet, reports Andy Thomson.

The US healthcare investor has named Ashley Dombkowski, Steven St. Peter and Ilan Zipkin as general partners.