In recognition of his significant role in some of AXA PE’s biggest transactions, head of the New York office Benoit Verbrugghe has been given a place on the firm’s executive board.
2 min read · 17 January 2013
Fund VII will raise less than its original $6bn target, according to remarks made at the firm's annual meeting by CEO Jonathan Nelson.
3 min read · 17 January 2013
CalPERS’ apparent move to reduce its support for emerging managers has got the massive pension system into some political hot water.
9 min read · 17 January 2013
Michael Beblo, former head of private equity at the Alfred l. duPont Testamentary Trust, has joined the system as a director on the alternatives team.
1 min read · 17 January 2013
The state’s $25bn Public Retirement System is offloading more than $800m-worth of fund commitments as part of a portfolio ‘clean up’.
2 min read · 17 January 2013
The state teachers’ pension system has brought on Danielle Seger as a private equity investment officer. Seger left Verizon’s investment management unit shortly after the company hired Goldman Sachs to run its private equity portfolio.
2 min read · 17 January 2013
The Neal Aronson-led firm welcomed new investors into its third vehicle, which will continue Roark’s strategy of investing in well-known brands like Arby’s and Cinnabon.
2 min read · 17 January 2013
The secondary firm, founded in 1989, is seeking capital for its latest effort.
1 min read · 17 January 2013
The bank’s alternative investments group is set to beat its $600m target for its second investment vehicle to buy fund interests, and will likely wrap-up fundraising around the end of the year.
2 min read · 17 January 2013
Khawar Mann has left to take a position in the healthcare industry. He is the latest in a series of investment professionals to depart the firm’s healthcare practice.
2 min read · 17 January 2013
