The firm has kept its limited partners updated on the situation with its CEO Daniel Mudd, who has taken a leave of absence amid SEC allegations, even though Mudd was not a ‘key man’ in the firm’s private equity funds.
3 min read · 06 January 2013
The Boston-based mid-market investor expects to hold a final close in the first quarter of 2012, which would pair the fund with other lightning-quick fundraises like that of TSG and HitecVision.
2 min read · 06 January 2013
The firm has been growing its European distressed debt trading platform and has brought on Goldman Sachs executive Allen Ukritnukun to lead the team as it works to capitalise on the enormous distressed opportunity in the region.
2 min read · 06 January 2013
Craig Occhialini will be responsible for ‘maintaining a culture of integrity’ at TorreyCove Capital Partners, which spun out from PCG in a deal backed by Mitsubishi Corporation in October.
2 min read · 06 January 2013
Scott Hamner will leave Credit Suisse’s Customized Fund Investment Group early next year. A source said he is joining Alpinvest.
2 min read · 06 January 2013
A 1% management fee on invested capital was one of several choice economic terms that New Jersey's alternatives chief Christine Pastore helped build into customised funds managed by Blackstone.
4 min read · 06 January 2013
The distressed investment-focused firm has formed a $300m customised account with New Jersey’s $68bn state pension system to take advantage of the huge need for financing in the mid-market.
3 min read · 06 January 2013
The firm hired Olav Konig (pictured) to co-head the London office, and Christopher Maduri, who has real estate and infrastructure fundraising experience, in California.
2 min read · 06 January 2013
Some of ILPA’s new directors include Brad Woolworth, head of private markets and real assets for the Philadelphia Board of Pensions and Retirement and Richard Hall, senior director of private markets at the Teachers Retirement System of Texas.
3 min read · 06 January 2013
The firm, once known as The Shansby Group, reached out beyond its existing LP base to broaden its geographic exposure, hitting its Fund VI target in only 60 days.
3 min read · 06 January 2013
