Amidst heightened interest in Latin America's largest country, the joint venture would be the third such fund formed by the two partners.
The Montreal-based private equity and venture capital firm says its closure of two sector-specific funds is Quebec’s largest private equity initiative to date.
The independent firm renewed its relationship with investors that were interested once it had fully cut its ties to its former parent, the German bank West LB.
Following close on the heels of CalPERS’ portfolio allocation changes, the $173bn California State Teacher’s Retirement System has increased its real estate target to 10 percent and its private equity allocation to 8 percent.
AAIM, which counts celebrities such as Simon Cowell and Sir Alex Ferguson among its investors, will open a Delhi office soon to begin the work of investing in the subcontinent.
The Turkish alternative asset manager is set to raise a domestic mid-market buyout fund, as the country continues to attract international buyout firms while local firms grow in size and number.
Negotiations between the Chinese Investment Corporation and JC Flowers come as the sovereign fund’s $3 billion investment in Blackstone took a further hit yesterday, with Blackstone's share price reaching a new low.
Montagu and Global Infrastructure Partners have agreed their Biffa bid, but the waste disposal company board’s statement that rival bidders are in due diligence caused the company’s share price to rise five percent above the offer price.
On the heels of its $500 million investment in MBIA, Warburg Pincus has agreed to purchase an additional $300 million in shares as part of an oversubscribed $1 billion public offering. A source familiar with the matter told PEO the company is 'wildly undervalued'.
Private equity real estate firms around the globe last year set a new record on the fundraising trail, according to proprietary statistics from PERE magazine.