http://www.privateequityonline.com/Global private equity news and comment5http://www.privateequityonline.com/article.aspx?aid=0&article=65615The UK-based buyout firm’s decision to give up on raising a fund and instead work on a deal-by-deal basis highlights the difficulties facing firms that can’t offer scale or specialisation.http://www.privateequityonline.com/article.aspx?aid=0&article=65615Fri, 03 Feb 2012 17:32:41 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=65611The energy-focused firm, which is in market with its sixth fund targeting $1.4bn, has agreed to invest $100m in oil and gas producer Capstone Natural Resources.http://www.privateequityonline.com/article.aspx?aid=0&article=65611Fri, 03 Feb 2012 16:02:21 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=65609Placement agent MVision has become a patron of UK charity The Prince’s Trust, backing the group at a time when many charities are struggling to raise capital and win support. http://www.privateequityonline.com/article.aspx?aid=0&article=65609Fri, 03 Feb 2012 15:20:44 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=65607Mid Europa Partners has agreed the sale of Orange Austria in a deal valuing the business at €1.3bn, as the CEE-specialist eyes a return to market in the second or third quarter. http://www.privateequityonline.com/article.aspx?aid=0&article=65607Fri, 03 Feb 2012 13:21:03 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=65599The debt affiliate of The Blackstone Group has stopped marketing its second mezzanine fund, which is set to hit its $4bn hard-cap in the next few months. GSO also is launching its second ‘rescue fund’ that will come in handy in Europe.http://www.privateequityonline.com/article.aspx?aid=0&article=65599Thu, 02 Feb 2012 23:16:02 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=65594The firm, which has made only sporadic investments in Europe over the past few years, sees huge opportunity in private equity, real estate and credit strategies in the region, which is undergoing 'de-leveraging’.http://www.privateequityonline.com/article.aspx?aid=0&article=65594Thu, 02 Feb 2012 17:40:48 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=65590The Scottish industrial specialist said its latest fundraising - which topped the original target by £70m in just nine months - was evidence of private equity's 'new world'.http://www.privateequityonline.com/article.aspx?aid=0&article=65590Thu, 02 Feb 2012 16:21:31 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=65588Director Sumeet Jaisinghani has relocated from Saban Capital’s Los Angeles headquarters to Hong Kong, where he will oversee the expansion of the firm’s investment activities in Asia.http://www.privateequityonline.com/article.aspx?aid=0&article=65588Thu, 02 Feb 2012 16:08:50 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=65587After investing in two businesses in 2011, the firm has quickly exited two investments, including compliance company Global Compliance Services, which it held for roughly eight years.http://www.privateequityonline.com/article.aspx?aid=0&article=65587Thu, 02 Feb 2012 16:03:38 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=65586At around $5bn, Facebook's public float would be the biggest-ever tech IPO. Its backers, including Accel Partners and Elevation Partners, could be looking at massive windfalls. http://www.privateequityonline.com/article.aspx?aid=0&article=65586Thu, 02 Feb 2012 15:41:22 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=65582Carol Kennedy, senior partner at Pantheon, has called time on a 22 year career at the fund investor and will focus on charitable work in her retirement. http://www.privateequityonline.com/article.aspx?aid=0&article=65582Thu, 02 Feb 2012 14:15:45 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=65574KKR has built up its healthcare team with the addition of Apax principal Ali Satvat, who managed healthcare investments for his former firm. http://www.privateequityonline.com/article.aspx?aid=0&article=65574Wed, 01 Feb 2012 22:33:24 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=65570Since taking the helm at CalPERS in early 2009, CIO Joseph Dear has made it clear he considers private equity a crucial part of its investment strategy. But things haven’t been business as usual: he’s taken fund managers to task over alignment of interest, led an overhaul of the pension’s allocation model, sorted out the aftermath of a ‘pay-to-play’ scandal and hired a veteran private equity chief. Amanda Janis stops by Dear’s office in Sacramento to learn how CalPERS continues to find value in private equityhttp://www.privateequityonline.com/article.aspx?aid=0&article=65570Wed, 01 Feb 2012 17:12:17 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=65568A growing appetite for venture among LPs helped Silicon Valley-based Andreessen Horowitz to its largest fund close since the firm launched in 2009.http://www.privateequityonline.com/article.aspx?aid=0&article=65568Wed, 01 Feb 2012 16:26:08 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=65567The lower mid-market firm has sold dining cruise operator Entertainment Cruises and plans to make up to two new investments in 2012.http://www.privateequityonline.com/article.aspx?aid=0&article=65567Wed, 01 Feb 2012 16:13:19 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=65559TPG Capital is on the verge of acquiring GlobeOp Financial Services in a £508m deal, the first take-private of an LSE-listed business this year by a private equity firm. http://www.privateequityonline.com/article.aspx?aid=0&article=65559Wed, 01 Feb 2012 15:17:21 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=65555The issue of responsible investment ought to be front and centre.http://www.privateequityonline.com/article.aspx?aid=0&article=65555Wed, 01 Feb 2012 14:50:57 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=65553Macroeconomic woes are now Vietnam’s biggest obstacle, but valuations are coming down and multinationals are coming in to buy http://www.privateequityonline.com/article.aspx?aid=0&article=65553Wed, 01 Feb 2012 14:22:58 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=65552Several large portfolios have already come to the market; industry sources expect other sellers who took fright in the second half of last year to follow suithttp://www.privateequityonline.com/article.aspx?aid=0&article=65552Wed, 01 Feb 2012 14:18:14 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=65551Investments in MF Global, Shinsei, Hypo Real Estate and Nordbank will likely leave LPs in JC Flowers’ $7bn Fund II with losses. Sam Sutton reportshttp://www.privateequityonline.com/article.aspx?aid=0&article=65551Wed, 01 Feb 2012 14:15:00 GMT