SVP I, the debut fund for the firm, closed in December 2002 and invested with four highly successful leveraged buyout funds. SVP I is diversified by sector and geography.
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SVP II is a leveraged buyout fund of funds which closed in December 2006. SVP II represents a continuation of the successful strategy utilized by the predecessor fund, primarily investing with large, top tier LBO and growth equity firms. SVP II is diversified by sector and geography.
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SVP Real Estate I, LP ("SVP RE I"), closed in February 2008, is a private real estate fund of funds. As with SVP I & II, SVP RE I received allocations with historically successful, highly sought after underlying fund managers who pursue compelling investment strategies. The fund is diversified by sector (Office, Hotel, Industrial/Warehouse, Retail and Residential) and geography (U.S., Europe, and Asia/Pacific).
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The GHP Credit Opportunity Fund (“GHP COF”) is a fund of alternative credit and distressed debt funds that is being raised and invested to pursue two specific investment themes: (1) the de-leveraging of European Banks, and (2) the potential for a distressed cycle in U.S. High Yield Credit. GHP COF will pursue complex liquid and illiquid credit opportunities in the U.S. and Europe.
Learn MoreUnivision owners look to cash out with IPO By Brian Stelter @brianstelter Univision’s private equity owners have been talking about cashing out for years. Now they’re taking their most concrete step yet — enlisting big banks to underwrite an IPO. Goldman Sachs (GS) and Morgan Stanley (MS) will jointly lead an initial public offering, possibly […]
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques brings executive experience from private equity, software and communications, with a particular focus on using technology to enable growth, to his role as CEO & President of PENSCO […]
Deals of the day- Mergers and acquisitions (Adds Simon Property, Valeant Pharmaceuticals, DMG Mori Seiki Co, Airbus) (Reuters) – The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: ** Simon Property Group Inc offered to buy Macerich Co for $14.39 billion in a deal that would join the No. 1 […]
Deals of the day- Mergers and acquisitions (Adds Simon Property, Valeant Pharmaceuticals, DMG Mori Seiki Co, Airbus) (Reuters) – The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: ** Simon Property Group Inc offered to buy Macerich Co for $14.39 billion in a deal that would join the No. 1 […]
The Appian Fund returned 0.43% in February as the Fund’s fundamental managers produced strong performance. Solid earnings reports in the U.S., stabilizing oil prices and improved news out of Europe led the S&P 500 to another record high, while bond markets were mostly negative for the month. Domestic equity markets were positive in February, with […]
PE owners to show tiny gain on Freescale’s $16.7 bln sale The private equity firms that acquired Freescale Semiconductors in a mammoth $17.6 billion deal nearly nine years ago are finally getting their money back. NXP Semiconductors NV said earlier this week it would buy Freescale in a deal valued at $11.8 billion. Including debt, this comes to $16.7 billion. The […]
CVC, Blackstone launch up to $1bn share sale in UK’s Merlin LONDON, March 2 (Reuters) – Private equity firms CVC and Blackstone have launched the sale of all of their remaining shares in UK company Merlin Entertainments . Deutsche Bank, which is running the sale, said on Monday that it was selling 156,541,347 shares in […]
Secondary Market: Challenging the Illiquidity Myth Preqin recently surveyed over 50 managers of dedicated secondaries assets to find out about their activity in 2014 and to assess their outlook on the market for 2015. We analyze the key findings from these results. Page 3 Preqin Industry News In this month’s Industry News we take a […]
A fund manager’s divorce can tank a hedge fund’s performance. The only thing that’s worse for it is a wedding. A fund’s alpha — the measure of how much it beats the market — falls by an annualized 8.5% around the time of a manager’s marriage, according to a study released this month by University […]
Land area for new China real estate developments falls 25 pct in 2014 -Xinhua BEIJING Feb 24 (Reuters) – The area of land used in new property developments in China fell by a quarter last year compared with 2013, state news agency Xinhua said on Tuesday, highlighting the extent of the country’s housing downturn. Land […]
The Appian Fund returned –0.77% in January as markets sold off worldwide. The Fund’s loss was caused entirely by the negative performance of the Fund’s Tactical Currency manager, which was caught off guard by the Swiss National Bank’s surprise removal of its currency peg against the Euro. Two of the Fund’s defensive strategies performed well […]
Bruce Edgelow has read all the newspaper headlines about investors fleeing Alberta’s oil patch. The provincial government’s energy banker doesn’t have a problem attracting cash — it’s finding a place for it all to go. “Our phone has been ringing off the wall in the last three or four weeks with people wanting to come […]