The firm’s New York office is being run by Benoit Verbrugghe after the departure of the office’s co-heads in the past few months.
2 min read · 05 January 2013
The $24bn pension has been pulling back from private equity since last year as it battles severe over-weighting to the asset class.
1 min read · 05 January 2013
A panel at PEI’s compliance forum earlier this week talked about the tough fundraising environment, placement agents and the effects forced registration would have on marketing new funds.
2 min read · 05 January 2013
The bank is reportedly in ‘advanced discussions’ to acquire Brazilian investment firm Gávea, which closed its third fund in 2008 on $1.2bn.
2 min read · 05 January 2013
The US Securities and Exchange Commission's alternatives investigation unit is ramping up its focus on private equity, including taking a closer look at side letters.
2 min read · 05 January 2013
The city’s pension system has spent up to $300m of the $1.4bn target this year, according to chief investment officer Lawrence Schloss.
2 min read · 05 January 2013
Panelists at a conference in New York Wednesday touted the advantages of the mid-market, but said LP appetite for exposure to the space could lead to ‘mistakes’.
3 min read · 05 January 2013
Cambridge’s private equity index shows that the fourth quarter of 2009 was one of the best since 2007 and contributed to a 13.8% return for all of 2009.
2 min read · 05 January 2013
Roger Faxon, CEO of EMI’s publishing division, will take the reins of the whole company, following Terra Firma's £105m injection earlier this month to appease lenders.
2 min read · 05 January 2013
As part of the $200bn pension’s fee review, Ares Management as well as an activist investment fund have agreed to cut fees and not use placement agents when soliciting commitments from CalPERS.
2 min read · 05 January 2013
