Peak Rock Capital raises over $1.1bn

The Austin-based firm has raised $225 million and $900 million for its Peak Rock Capital Credit Fund II and Peak Rock Capital Fund II respectively, as per a Securities & Exchange Commission filing. Florida State Board of Administration and Alameda County Employees Retirement Association (ACERA) backed both funds. Peak Rock Capital Fund II, which had […]

The dividing lines of fund finance

When it comes to the use of subscription credit lines, private equity firms will not be able to please all the LPs all of the time.

CPPIB: Invest for a downturn

The giant Canadian pension, which just signed a sizeable growth investment in the insurance sector, is feeling ‘cautious’ amid sky-high valuations.

Why funds are reaching for a finance umbrella

Umbrella fund finance facilities can be a convenient and cost efficient option for managers with a number of strategies under one roof. Leon Stephenson and Alex Griffiths of law firm Reed Smith explain why.

USS private markets exec joins Hermes

Sanjeev Phakey, an investment manager who has spent the last six years at one of the UK's largest pension funds, joins to focus on fund and co-investments.

Bethlehem Aggregated Pension seeks PE managers

The Pennsylvania pension plan wants help with its investment needs.

Why the fund of funds model is still relevant

A revamped internal structure, new business lines and a focus on separate accounts have helped the firm thrive in a tough market for funds of funds, says head of secondaries Wouter Moerel.

China Renaissance eyes more overseas capital by 2020

The Beijing-based investment bank expects foreign investors to contribute up to 40% of its $10bn AUM target in the next three years to fund direct deals and co-investments.

Seedcamp raises £41 million

The London-based firm will continue to target pan-European startups.

WSIB commits $2.2bn to six funds

The $120.1bn US public pension reups with four managers and approves two new relationships.