Christopher Witkowsky
The system – like many LPs – had strong distribution activity in the second quarter, extending its private equity portfolio’s cash positive streak that has been running since 2011.
The sovereign fund has tapped Carlyle for an energy-focused managed account, and has committed up to $1bn to Blackstone for hedge fund-related private equity.
The Jonathan Nelson-led firm, which hit the $5bn mark as expected on its latest flagship vehicle, continues to raise capital for its third debt-related fund.
The firm, which reported strong earnings in the second quarter, has also raised $3bn for its separately managed accounts business called Tactical Opportunities.
The fund of funds and advisory group is actively searching for a head of US investments as it expands its US reach.
ADIA will announce a successor to James Kester, CIO of the private equities department, in the next few weeks.
The firm has asked LPs to give it more time to invest Fund VI, a move that could push the launch of TPG’s next fundraising into 2014.
With the ‘surprising’ hiring of former UBS secondaries executives Nigel Dawn and Nicolas Lanel, Evercore has almost overnight become a major player in the secondaries world.
The Singapore-based firm has hit its hard-cap, collecting $408m for investments in Southeast Asia.
The Emerging Markets Private Equity Association welcomed Serge Desjardins as a senior advisor earlier this year.