The pension will not look for new commitments for a while as it takes time to monitor the state of the private equity industry.
2 min read · 05 January 2013
A group of shareholders in Builders FirstSource allege JLL Partners and Warburg Pincus want to enrich themselves at the expense of other shareholders.
4 min read · 05 January 2013
San Francisco-based Industry Ventures plans to capitalise on Little Hawk Capital’s focus on investments in smaller funds and unfunded commitments.
2 min read · 05 January 2013
Lee Stern will work in KKR’s fledgling mezzanine business, which was formed in 2008.
2 min read · 05 January 2013
It’s a shame CalPERS may refuse to take a negative stance on the SEC’s proposed placement agent ban, writes Christopher Witkowsky.
2 min read · 05 January 2013
A California political ethics commission is investigating CalPERS board member Charles Valdes, who received $38,600 in campaign donations linked to Alfred Villalobos' placement firm.
2 min read · 05 January 2013
The US regulator wants to prevent private equity real estate firms from using placement agents when dealing with US public pensions. The agency also wants to eliminate political contributions from the interaction between investment firms and public pension officials, SEC chairwoman Mary Schapiro told Congress.
2 min read · 05 January 2013
The Boston firm exceeded its original $1.25bn target for its seventh fund and brought in new LPs.
1 min read · 05 January 2013
The firm, launched by Sun Microsystems founder Vinod Khosla in 2004, raised money from external sources for the first time.
2 min read · 05 January 2013
The struggling insurance giant has sold units that manage some $89bn for $500m, as it works to pay off about $180bn in government bailout money.
2 min read · 05 January 2013
