The $14.5bn state endowment wants to pare down its private equity portfolio, which contains 150 funds from 80 GPs, to a size that its small staff can better manage. No word yet on the potential size of the sale.
2 min read · 05 January 2013
The $226bn pension is selling a chunk of its private equity portfolio that includes a large amount of mega-fund holdings.
2 min read · 05 January 2013
The $70bn public pension system - which is over-allocated to private equity - has made a smaller re-up to KKR's North American XI fund, targeting $8bn to $10bn.
3 min read · 05 January 2013
KKR is expected to ask one of its longest-standing LPs for a commitment to its new fund Wednesday. Oregon has already indicated it is 'contemplating' cutting its re-up, an issue that most GPs will be dealing with this year.
3 min read · 05 January 2013
An informal survey taken at PEI's CFOs and COOs Forum in New York last week revealed GPs plan to contribute between 2% and 5% to their own funds going forward.
3 min read · 05 January 2013
The EQT spin-out reached beyond its group of existing investors for Fund II, which will end fundraising oversubscribed.
1 min read · 05 January 2013
The $13.2bn system has committed to BC Partners, Baring Asia, Black Diamond and GTCR in recent months.
1 min read · 05 January 2013
Bain is exiting Novacap, a company it created when it carved out a division of French chemical giant Rhodia in 2003.
1 min read · 05 January 2013
Evan Bayh, the former US Senator from Indiana, will join the firm as Apollo prepares to go public.
2 min read · 05 January 2013
TPG Specialty Lending will be run by two former Goldman Sachs executives Alan Waxman and Joshua Easterly.
2 min read · 05 January 2013
