The secondary market had supported deal volume of about $13bn in the first half of the year, but slowed over the summer and hasn’t picked up much velocity in the second half.
3 min read · 17 January 2013
The $10.8bn pension system has made first-time commitments to four managers since June as it works to diversify its portfolio and shift exposure from large-cap funds to small and mid-sized funds.
2 min read · 17 January 2013
The private equity investment bank has expanded its New York office with the hiring of former placement agent executive Jonathan Jameson.
1 min read · 17 January 2013
The state’s investment commission approved committing $20m to EnCap’s Fund IX, which is targeting $4.25bn and already has the support of several public systems in the US.
1 min read · 17 January 2013
As it works to raise $500m for its second special situations fund, Z Capital has brought on former New England Pension Consultants executive William Monagle.
1 min read · 17 January 2013
Bain Capital has endured greater scrutiny than most during the election campaign, but as it tries to raise a new $6bn fund, performance is a bigger issue than bad press.
3 min read · 17 January 2013
Kainos Capital, which is targeting $400m for its debut fund, is working to convince LPs that the team’s long experience investing in food and consumer products will translate to strong returns.
2 min read · 17 January 2013
The $16bn retirement system has committed $95m to three funds as it works to hit its monetary target for the year.
2 min read · 17 January 2013
The board, which oversees about $84bn in public pension assets, has formed new relationships with The Riverside Company and TowerBrook Investors.
2 min read · 17 January 2013
James McConnell is relocating to London to lead the firm’s European private equity secondaries activity, which has been increasing as banks and other financial institutions use the secondary market to sell fund interests.
1 min read · 17 January 2013
