The firm started marketing its eighth distressed investment fund last fall after closing its seventh investment vehicle in 2011.
2 min read · 20 September 2013
The Los Angeles-based firm held a first close on its fifth fund in March. The fund is targeting $1.6bn with the option of increasing the fund to $2bn.
2 min read · 20 September 2013
Jeff Mills spent more than five years running the investor relations function at the mid-market buyout shop.
2 min read · 20 September 2013
Bruce Karpati helped establish the SEC's fledgling asset management division, which focuses on alternative investment strategies, in 2010.
2 min read · 20 September 2013
The Oregon Investment Council made $950m in commitments to Blackstone, Apollo and Lone Star as it continues to be one of the most significant limited partners in the industry.
2 min read · 20 September 2013
The bank’s Customized Fund Investment Group wants to hire a senior-level secondary executive in the wake of the bank’s sale of its secondaries platform, Strategic Partners.
2 min read · 20 September 2013
Deal activity on the private equity secondary market has returned to levels more akin to pre-2011 as strong public markets convince sellers to hold their LP interests.
5 min read · 20 September 2013
The $11bn retirement system can spend the co-investment capital with its existing private equity and infrastructure managers, without waiting for approval from the board.
2 min read · 20 September 2013
Michael Riak, who worked at Verizon for 17 years building an ‘innovative’ structure into the defined contribution programme for employees, will join the fund investor to help expand products to that market.
2 min read · 20 September 2013
The firm, which closed its prior fund in 2011, has quickly assembled its second fund from a collection of LPs, including sovereign wealth funds and pensions.
2 min read · 20 September 2013
