Christopher Witkowsky

Kelly to leave Adams Street(2)

Adams Street partner Timothy Kelly is retiring from the fund of funds at year's end after 10 years.

Vista Equity launches debut debt fund(2)

The Robert Smith-led firm will target $600m for its first debt fund and likely $500m for its second small-cap vehicle as it comes off a year in which it returned $2bn to LPs.

3G Capital quietly hires Goldman executive(2)

The private investment firm, which announced this week it would partner with Warren Buffett to buy Heinz for $28bn, recently hired former Goldman managing director Daniel Dreyfus as a partner.

Five Minutes With Susanne Forsingdal(2)

ATP Private Equity Partners has been watching Asia for several years and sees a market that is finally maturing as certain teams show stability and strong track records.

Park Hill hires Coller exec for restructurings(2)

Andrew Caspersen will focus on the growing need of GPs to restructure aging funds that are approaching the end of their lives.

Clearview launches Fund III(2)

The firm is targeting $275m for its third fund after collecting $250m for Fund II in 2008.

Buffett partners 3G for $28bn Heinz deal(2)

The buyout would be little known 3G’s most recent acquisition of a well-known consumer brand, after its $4bn deal for Burger King in 2010.

DRI nears $850m for Fund III(2)

The pharmaceutical royalties-focused firm aims to hold a final close on $1bn by the end of the first quarter.

Prudential builds in-house private equity arm(2)

The financial services giant hired AIG executive Jackie Jenkins last year to lead the alternatives team, and is looking for someone to focus on the $3bn private equity portfolio.

Secondary buyouts drive strong returns(2)

Secondary buyouts have a bad reputation because of a few high-profile busts, but recently published research from Boston Consulting Group suggests sales of portfolio companies between private equity firms can produce returns just as strong as proprietary deals.