The firm has a ‘direct line of sight’ to a ‘sizable’ first close on its 11th North American fund, which is targeting between $8bn and $10bn, according to the head of global capital and asset management group Scott Nuttall.
3 min read · 06 January 2013
The veteran fundraiser, who spent time in Citi’s placement business and Credit Suisse’s fund of funds group, has joined the bank's RREEF alternative investments group.
2 min read · 06 January 2013
Champlain Advisors has hired Asmat Doza, who formerly worked at PineBridge Investments conducting due diligence on funds and serving on LP advisory boards.
1 min read · 06 January 2013
Mitsubishi Corporation, which has had a 15-year relationship with PCG, is buying out founder Chris Bower’s stake in the private equity consulting business.
2 min read · 06 January 2013
The C$53bn pension system has been expanding its reach beyond Canada as it works to become a direct private equity investor, moving away from making external fund commitments.
2 min read · 06 January 2013
New Silk Route has been dealing with the scandal involving its co-founder, Rajat Gupta, all year. This week the US FBI arrested and charged him with insider trading.
3 min read · 06 January 2013
CIO Larry Schloss (pictured) and private equity head Barry Miller are working to re-position the $120bn system's programme to commit more money to fewer managers.
3 min read · 06 January 2013
2 min read · 06 January 2013
New York-based Alternative Investment Management, which has about $113m across two private equity funds, has hired Donna Toth as its chief operating officer. Toth was a managing principal at Park Hill Group.
1 min read · 06 January 2013
The Calgary, Canada-based firm is raising its seventh fund to target oil and gas exploration in Canada, a strategy the firm hopes will differentiate it from broader-based energy investors.
2 min read · 06 January 2013