Dec
20th
Sun
20th
Not One, But Two Good Private Equity News
First, Marlin Equity Partners closed its fund raising in less than 4 months with an oversubscribed $650 million fund. This is its third fund, after a solid performance on its previous two funds of 260% IRR on a small $60 million 2005 fund, and a 30% IRR (based on valuations, no exits) on a $300 million 2007 fund.
Second, Stanford University endowment canceled its secondary sale of private equity and venture capital commitments, on lower liquidity needs.
Tags:
private equity
