Texas County & District commits $265m to private equity

Texas County & District commits $265m to private equity

In the last half of December, the investment team of the $40.4bn Texas County & District Retirement System, Austin, committed a total of $265m to three private equity buyout funds managed by two existing managers, a transaction report showed. The largest...
Lone Star Said to Hold Talks for $2bn Defense Firm Titan

Lone Star Said to Hold Talks for $2bn Defense Firm Titan

Lone Star Funds has held buyout talks with the owners of Titan Acquisition Holdings that could value the military contractor at about $2bn, according to people with knowledge of the matter. Lone Star has held talks with lenders about financing for an acquisition, said...