The firm, headed by Mark Gallogly (pictured) and Jeffrey Aronson, raised its second Special Credit Partners fund on $2bn in March, holding a 'one and done' close.
2 min read · 08 February 2013
Providence Equity, Oaktree Capital Management and Riverstone Holdings have all received commitments from the $35bn retirement system.
1 min read · 08 February 2013
Pam Hendrickson has long been a vocal defender of private equity, and has waded into the growing debate about the merits of the asset class.
2 min read · 08 February 2013
Rich Hall, who was recently named private equity head at the pension system, said the asset class is essential to the fund generating the returns it needs to meet its obligations.
3 min read · 08 February 2013
The $226bn retirement system has awarded a $100m commitment to Credit Suisse to build exposure to domestic emerging managers. Credit Suisse beat out Centinela Capital for the mandate.
2 min read · 08 February 2013
The Greenwich, Connecticut-based energy giant will pursue a more modest target from what it had been seeking in its prior fund – a move that many firms have used in the tough fundraising environment.
2 min read · 08 February 2013
FountainVest CEO Frank Tang told board members of a San Diego pension that China was unlikely to reverse its course on open markets and strong regulations.
3 min read · 08 February 2013
Senior managing director Timothy White will transition out of GSO after the group eliminated its ability to make private equity investments in its second mezzanine fund.
3 min read · 08 February 2013
The $460bn sovereign wealth fund has been experiencing an exodus of alternative investment professionals, many of whom were hired during the fund’s initial launching of its private equity programme.
3 min read · 08 February 2013
The uncertainty in Europe ‘plays to the strengths’, Permira said in its latest annual review, in which it reported strong growth among its funds.
2 min read · 08 February 2013
