The city’s pension system has put an initial offering of about $750m-worth of LP stakes on the secondary market, kick-starting what could be a very busy year for private equity secondaries.
4 min read · 06 January 2013
The private equity-focused investment bank has made three promotions in London and Dallas.
2 min read · 06 January 2013
Josh Peel, who led fundraising in Australia and New Zealand for Credit Suisse, has joined Park Hill Group.
2 min read · 06 January 2013
Elaine Chan has left the foundation to join the investment office of The Johnson Company, following well-known LP Rick Slocum, who left Robert Wood Johnson in August to become CIO of the family office.
1 min read · 06 January 2013
The firm's co-founder Randal Nardone will assume the role of interim CEO now that SEC-charged Daniel Mudd (pictured) has taken a leave of absence.
3 min read · 06 January 2013
StepStone is in the process of acquiring $2bn fund of funds Parish Capital Advisors, and part of that transaction includes gaining approval of Parish’s LPs.
2 min read · 06 January 2013
The Boston-based firm has closed its eighth growth fund after nine months on the market, and also closed its third venture fund on $520m.
2 min read · 06 January 2013
Vista has been attracting commitments from numerous public institutions in the US, attracted to the firm’s solid returns and LP friendly terms.
2 min read · 06 January 2013
The $10bn pension system, which only started investing in private equity in 2008, has added some of the biggest names in the asset class to its portfolio, including KKR, Blackstone, Carlyle and Hellman & Friedman.
2 min read · 06 January 2013
After two years of significantly lower commitment levels to alternative investments, the pensions system ramped up its commitment pace this year to about $1.8bn as of 30 September, and has chosen managers like Blackstone, GSO and Oaktree.
2 min read · 06 January 2013
