Federated Investors buys Hermes from BT Pension Scheme
US-based private investment firm Federated Investors has acquired a 60% stake in London-based Hermes Fund Managers, the parent of Hermes GPE, for £246m.
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Diversification key to mitigating downturn, say AVCJ panellists
As concerns about a looming recession abound, LPs are focusing on diversifying their portfolios
UK pension partnership fully invests debut PE fund
LGPS Central Limited also announces its co-investment sleeve is performing ahead of targets
Correcting Alpha: fundamental flaws of IRR
Unquote sister publication Private Equity Law Report looks at how sponsors can avoid distorted calculations
Team spirit: the enduring appeal of co-investment
This year, €7.87bn was collected across seven co-investments funds, breaking Unquote Data records
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Atlantic Bridge leads $10m series-A for Siren
DVI Equity Partners, Frontline Ventures and Enterprise Ireland also take part
AO Proptech leads €29m series-B for Plentific
Newcomer Target Global and existing investor Round Hill Ventures also take part in the round
CM-CIC backs Formes & Sculptures MBO
GP invests €7.3m in the France-based point-of-sale merchandising equipment provider
Azimut launches platform to invest in US-based GPs
Azimut appoints Jeffry Brown as CEO of AACP; Brown previously worked at Dyal Capital Partners