http://www.privateequityonline.com/Global private equity news and comment5http://www.privateequityonline.com/article.aspx?aid=0&article=54992The New York-based mid-market firm has sold wireless network operator NewPath to Crown Castle after an initial investment just 15 months ago.http://www.privateequityonline.com/article.aspx?aid=0&article=54992Fri, 30 Jul 2010 19:01:43 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=54986When a prominent financial newspaper backs an attack on the industry, it shows there is a long way to go for private equity to be recognised as a legitimate and worthwhile asset class by some.http://www.privateequityonline.com/article.aspx?aid=0&article=54986Fri, 30 Jul 2010 16:15:46 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=54985The Oregon Investment Council has started a new private equity relationship with Blackstone as it meanwhile contemplates cutting its next commitment to KKR.http://www.privateequityonline.com/article.aspx?aid=0&article=54985Fri, 30 Jul 2010 16:06:48 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=54984The Los Angeles-based firm joined the bidding process for Disney's troubled film studio earlier this month.http://www.privateequityonline.com/article.aspx?aid=0&article=54984Fri, 30 Jul 2010 16:00:43 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=54983Private equity funds on a global average basis have now reported four consecutive quarters of positive performance, but the figures have been impacted by negative IRRs in Europe, according to the latest State Street data.http://www.privateequityonline.com/article.aspx?aid=0&article=54983Fri, 30 Jul 2010 14:59:43 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=54981AAC Capital has booked a 3.8x return on its investment in restaurant chain TGI Friday’s UK, which it made while still captive at ABN AMRO.http://www.privateequityonline.com/article.aspx?aid=0&article=54981Fri, 30 Jul 2010 12:21:02 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=54977The UK-based investment and advisory group paid around £50m to purchase 'Port Vell' from Spanish developer Global Via.http://www.privateequityonline.com/article.aspx?aid=0&article=54977Fri, 30 Jul 2010 11:17:26 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=54966The global private equity firm has raised almost half of its target for the Carlyle Beijing RMB fund. http://www.privateequityonline.com/article.aspx?aid=0&article=54966Fri, 30 Jul 2010 05:43:38 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=54962The $109bn pension has rebounded from its negative private equity return for the fiscal year 2009, beating its benchmark for the asset class by 1.3 percentage points.http://www.privateequityonline.com/article.aspx?aid=0&article=54962Thu, 29 Jul 2010 22:16:41 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=54961The $14bn oil and gas endowment has hired Day Pitney to pursue fee and investment loss recovery from private equity firms to which SIC committed capital based on reasons ‘other than great returns’.http://www.privateequityonline.com/article.aspx?aid=0&article=54961Thu, 29 Jul 2010 21:47:36 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=54960The firm, founded by energy industry veteran Frost Cochran, is moving from a pledge fund structure to a more traditional private equity fund.http://www.privateequityonline.com/article.aspx?aid=0&article=54960Thu, 29 Jul 2010 21:24:36 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=54980The London-based law firm has promoted partner Richard Moulton to lead its private equity practice as former head Mark Spinner takes over the firm's corporate practice.http://www.privateequityonline.com/article.aspx?aid=0&article=54980Thu, 29 Jul 2010 16:53:00 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=54955The Carlyle Group has sold Wall Street Institute, a chain of English language training centers, to education and information company Pearson.http://www.privateequityonline.com/article.aspx?aid=0&article=54955Thu, 29 Jul 2010 16:07:56 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=54954Providence plans to raise $1bn in credit-focused commitments, having gone to market just one year after closing its debut debt fund on more than $1bn.http://www.privateequityonline.com/article.aspx?aid=0&article=54954Thu, 29 Jul 2010 15:52:51 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=54953Research suggests listed SMEs currently offer a ‘compelling’ opportunity for private equity-backed acquisitions, due a combination of continually low valuations and increasingly available debt.http://www.privateequityonline.com/article.aspx?aid=0&article=54953Thu, 29 Jul 2010 15:25:16 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=54941The Steve Schwarzman-led firm, which is targeting about $738m for its debut RMB fund, expects a final close by September.http://www.privateequityonline.com/article.aspx?aid=0&article=54941Thu, 29 Jul 2010 03:09:36 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=54935The average high bid for partnership interests across all asset classes reached almost 80% of NAV in the first half of 2010, according to data from Cogent Partners.http://www.privateequityonline.com/article.aspx?aid=0&article=54935Wed, 28 Jul 2010 21:03:52 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=54934Shorter-term venture performance showed signs of improvement in the quarter ending 31 March, according to recent statistics from Cambridge Associates and the National Venture Capital Association, but performance is still down on the decade.http://www.privateequityonline.com/article.aspx?aid=0&article=54934Wed, 28 Jul 2010 17:04:03 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=54931Frustration with fees has some family offices moving toward direct investing, says John Rompon, managing partner at McNally Capital.http://www.privateequityonline.com/article.aspx?aid=0&article=54931Wed, 28 Jul 2010 15:52:21 GMThttp://www.privateequityonline.com/article.aspx?aid=0&article=54924In its first fresh deal since September 2009, Permira plans to pay up to €300m for travel company eDreams.http://www.privateequityonline.com/article.aspx?aid=0&article=54924Wed, 28 Jul 2010 11:27:37 GMT