The Florida State Board of Administration, which manages the state’s $113bn pension funds, has made commitments to ABRY, Oaktree and Varde, and is negotiating commitments to Audax and GSO.
2 min read · 05 January 2013
Former managing directors Tony Lee and Scott Spielvogel have spun out of the Tim Collins-led firm to form One Rock Capital Partners.
2 min read · 05 January 2013
The all-cash deal will allow Providence to add Kroll to its security and screening platform company Altegrity.
1 min read · 05 January 2013
The $198bn pension has been negotiating with external managers for fee cuts, and has slashed an additional $99m in fees from managers including 17 private equity firms.
2 min read · 05 January 2013
Sheryl Schwartz has left the $426bn private retirement system amid a reshuffle combining its hefty alternatives programme with other business units.
2 min read · 05 January 2013
VSS’ co-CEO and chairman John Veronis, 82, has left the firm as part of a transition that sees Jeffrey Stevenson continue as managing partner.
1 min read · 05 January 2013
Some brand name private equity firms have set succession plans in motion, while others have yet to unveil future leadership structures.
2 min read · 05 January 2013
In discussion with the Washington State Investment Board, KKR co-founder George Roberts decried quarterly private equity reporting and stood up for the bankers.
2 min read · 05 January 2013
Placement agent Alfred Villalobos has accused California’s attorney general of trying to ‘deprive’ him of the means to support himself and prepare a defense.
2 min read · 05 January 2013
The New York-based firm, which is preparing to raise its third fund, may seek out a large investor to buy a stake in its management company and anchor its fundraise.
2 min read · 05 January 2013
