Jessica Hoffman Brennan will join former Credit Suisse executives Michael Arpey and Alok Gaur on Carlyle’s investor relations team.
3 min read · 05 January 2013
Puneet Gulati replaces former CFO Steven Davidson, who left the firm earlier this year.
2 min read · 05 January 2013
TPG hired former Goldman executives Alan Waxman and Joshua Easterly to run TPG Specialty Lending, a business development company investment vehicle targeting between $800m and $1bn.
2 min read · 05 January 2013
BAML Capital Partners, which has been overseen by James Forbes, will become an independent firm and eventually raise third-party capital. Forbes will stay with BofA.
3 min read · 05 January 2013
LPs and other market sources have questioned the firm's ability to generate outsized returns in mega-funds. Providence recently got a $300m vote of confidence from Washington State.
4 min read · 05 January 2013
The Ohio School Employees’ Retirement System this week committed $40m to Kohlberg Investors VII, a re-up for the pension.
1 min read · 05 January 2013
The listed firm has identified 1,200 potential LPs, which it will try to recruit into its funds. Blackstone has collected $15bn for its sixth fund, which is set to close.
2 min read · 05 January 2013
Alpha Associates is raising its debut fund targeting $100m to $150m for mature fund interests in Russia and former Soviet Union countries, says managing partner Petra Salesny.
1 min read · 05 January 2013
The pension has contributed $40m to Kohlberg Kravis Roberts’ joint venture with El Paso, which is investing in opportunities in oil and gas properties in the US.
2 min read · 05 January 2013
The listed firm’s investment funds increased in value across all asset classes, driving increases in revenues. The firm has about $17bn of uncalled private equity capital.
2 min read · 05 January 2013