Aberdeen closes PE vehicle after exceeding capital target
Aberdeen Asset Management has soft-closed its recently-acquired private equity vehicle after committed capital exceeded the fund’s target figure.
Private Equity
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Now Woodford has the capital, will investors be patient?
Woodford Investment Management’s ability to raise assets was underlined on Tuesday with the listing of its Patient Capital Trust, which gathered £800m and was 10% oversubscribed.
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Aberdeen bolsters alternatives offering
In a bid to further bolster is position within the alternatives space, Aberdeen Asset Management is to buy SVG Capitals minority stake in the firms joint venture, Aberdeen SVG Private Equity Managers for £29m.
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F C hires private equity director
F&C Investments has hired David Walker as investment director in its private equity funds business.
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Alternatives renaissance
Private equity, property and infrastructure are set for a renaissance in institutional portfolios, though hedge fund investors are the least satisfied in the alternatives space, according to research from Preqin.
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Launch PE funds secured lowest level since 2008
Twenty-five first-time funds achieved a final close in Q1 2014, securing an aggregate $5bn – the lowest quarterly amount in the period since 2008.
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Buyout deals see uptick in value
Private equity buyout firms have had their strongest year of deal making since before the global financial crisis.
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3i sells Bestinvest stake to Permira
Private equity group 3i has sold its majority stake in UK wealth manager Bestinvest to Permira.
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PE holdings boost Witan
Witan Investment Trust beat its benchmark by 5.3% in the first half of the year, boosted by holdings in private equity and gearing into rising markets.
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Where next for contrarian thinkers
Markets may be on an upward path, but its rarer now than ever to meet a fund manager who doesn't claim to be a contrarian.
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Returning to First Principles
Charlotte Thorne, co-CI0 and co-founding partner at Captial Generation Partners looks at how best to use private equity investments as a portfolio diversifier.
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Private real estate remains in the doldrums
Private real estate fundraising reached a ten-year low in the first quarter of 2013, as 20 funds closed raising just $5.2bn.
