private equity

Hedge Funds

Russell Investments sold to private equity firm

Russell Investments has been sold to TA Associates, a private equity firm that specialises in building up fund management companies. The London Stock Exchange Group has sold the global fund management and consulting operations of Russell Investments to TA Associates for US $1.15 billion, with Reverence Capital Partners taking a minority shareholding. Russell Investments will […]
Hedge Funds

HESTA expands and rethinks investment team

HESTA has appointed Gary Gabriel, as general manager of investment strategy and risk, as part of a restructure in responsibilities and reporting lines and a growth in capabilities. Gabriel joins a team that in July appointed James Harman to the role of general manager of listed assets and Andrew Major to the new role of […]
Hedge Funds

Ray King leaves Mercer

Private equity specialist Ray King is leaving Mercer today, after three years at the firm as partner. His role has been cut due to the global restructure of the private markets group at Mercer following the acquisition of SCM, a provider of advice in private equity, real estate and infrastructure, in November 2014. King announced […]
Hedge Funds

Private equity market overheats

Private equity markets are overheated from cheap finance and the best deals are only coming from small niche investments, according to Siguler Guff. George Siguler, the founder of the private equity manager which has $10 billion in funds under management, cites Preqin research that shows managers worldwide have $3.8 trillion invested in the asset class, […]