San Francisco-based real estate credit manager ACORE Capital has closed a new commingled credit fund with approximately $1.4bn in capital commitments from investors, according to a report by PERE. The report cites PERE data in revealing that US-focused ACORE Credit...
Rex Kim, Chief Investment Officer of the Oregon Investment Council, which oversees Tigard, the $93.6bn Oregon Public Employees Retirement System, has announced a commitment of a combined $1.5bn to private markets strategies. At a meeting on 17 April, the council...
Blackstone Inc.’s Strategic Partners unit sold a $1.1 billion portfolio of private equity fund interests to Ares Management Corp. The portfolio consists of older fund stakes that Strategic Partners had acquired from institutional sellers, according to people with...
Pennsylvania-based lower middle market private equity firm Argosy Private Equity has acquired a controlling interest in Federal Rent-A-Fence, a temporary chainlink fence rental business catering to construction sites and for events. As part of the investment, Argosy...
Private equity fund L Catterton, which is backed by luxury giant LVMH Moet Hennessy Louis Vuitton SE, agreed to buy a majority stake in Italian beauty brand Kiko. L Catterton has entered into a definitive deal with the Percassi family, which will retain a “significant...
