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Andrew Hedlund

Texas TRS fleshes out top ranks after appointing new CIO

The $140bn pension fund promoted a handful of existing staff members.

SMAs bulk up BC’s credit debut

The fundraising comes amid a flurry of private equity firms launching credit arms.

Arizona, Texas pension funds hike alternatives exposures

The two pensions each increased their investment allocations for private equity.

Goldman holds $730m first close on seventh mezz fund

The latest vehicle from the investment bank comes amid a slower mezzanine fundraising year.

Sterling Group seeks up to $250m for debut credit fund

The US mid-market private equity firm launched its debt practice earlier this summer.

Njord fund set to hold first close on up to €150m

The European mid-market firm invests both debt and equity across the capital structure.

Thoma Bravo seeks $750m for first private credit fund

The buyout firm is just the latest in a string of technology specialists to launch a debt arm.

Capital Dynamics makes debt play

The new heads of private credit had been looking for a home since their former firm was sold last fall.

SBCERA PE portfolio beats index in Q2

The $9.19bn pension plan, which has 16% of its assets in private equity, saw total fund gross quarterly returns missed its benchmark by 0.1%.

KKR elevates Bae, Nuttall to co-COOs, co-presidents

Kravis and Roberts say the promotions are ‘about the future’ and making sure the firm can serve its investors ‘for decades to come’.