Unquote
Inflexion takes minority stake in European LifeCare Group
Investment is drawn from the £250m vehicle Inflexion Enterprise Fund IV, which closed in 2016
Intralinks acquired by SS&C Technologies
Intralinks has more than 800 employees globally and 4,000 clients including numerous PE firms
Single-asset funds afford slow and steady pace
When a fund approaches the end of its lifespan, transferring the last remaining investment into a new vehicle is proving increasingly popular
LA pension backs latest Loan Star fund
Lone Star Fund XI, which has a $6bn target, held a first close on $2.9bn in October 2018
SFERS makes Kemp interim MD for private markets
MD is responsible for developing investment objectives for the PE and real assets portfolio
Montagu buys Kodak's flexographic packaging arm for <$390m
Deal represents Montagu's first US investment, according to the UK-based GP's website
Triago appoints Lemon as partner
New recruit joins the firm after leaving his role as partner at Agilitas in March 2018
Oregon Investment Council reappoints TorreyCove
New contract is expected to start in January 2019, and would be for a three-year period
Bridgepoint hires GI's Fraser to lead new US office
New office will fuel greater investment in US firms and support European companies' expansion plans
European fundraising cools down after bumper 2017
Number of fund closes by European PE firms and their aggregate commitments have slowed down during 2018, following two years of relentless activity
Calpers faces PE target challenges
Review will be presented at the pension scheme’s investment committee meeting on 13 November
Hamilton Lane reaches $452bn in AUM&A
Firm announces a 12% increase for the second semester of 2018/19 compared with last year
TRS commits €125m to Triton Fund V
TRS has allocated 12.5% of its portfolio to private equity, versus a target allocation of 13%
LP Profile: 57 Stars
Unquote speaks to managing director Cowan about the firm's investment approach, co-investments and impact investing
European VC fundraising continues strong showing
VC fundraising totals over 2016-2017 marked a healthy increase of nearly 50% on the amounts raised in the previous two-year period
Luxury fashion à la mode for private equity buyers
Sky-high valuation of Versace at тЌ1.83bn equates to 41x the company's 2017 EBITDA of тЌ44.6m
Florida SBA commits to European PE
US pension fund has decided to commit $200m to ASF VIII and $250m to Hellman Friedman IX
Omers PE appoints Musselwhite as head of Europe
Musselwhite's appointment also simplifies the structure of the private equity arm
LAFPP to reappoint RVK
Current contract with RVK – formerly RV Kuhns & Associates – expires in February 2019
PIF commits $500m to RCIF
RCIF is currently considering investing in more than 20 projects, valued at $1bn
PE drives Elo's performance
Finnish occupational pension company has allocated 8.3% of its portfolio to private equity
Tikehau acquires Ace Management
Ace Management is specialised in the aerospace, defence and cybersecurity sectors
IFM sets up office in Switzerland
Swiss public and corporate pension funds have already invested close to CHF 500m with IFM investors
KKR's Calsonic bolts on Magneti Marelli in €6.2bn deal
FCA will enter into a supply agreement with Magneti Marelli to support its operations in Italy