Michael Travaglini, who helped grow the $44bn state pension's private equity programme, is leaving to join a hedge fund of funds in Chicago.
2 min read · 05 January 2013
The Alec Gores-led firm has collected just over $1bn for its latest special situations fund, which must close in August.
2 min read · 05 January 2013
The state investment board, which manages $69bn in pension assets, will establish a ‘high bar’ for both existing and new GP relationships.
1 min read · 05 January 2013
DLJ, Gavea, Magna and Highbridge are among the firms picking up a 25% stake in Brazil-based Grupo Santillana de Ediciones, a publisher of educational text books.
2 min read · 05 January 2013
Evergreen will help source deals and co-invest alongside TowerBrook, said the advisory firm’s co-founder Dominick Schiano.
2 min read · 05 January 2013
The global development organisation sees an opportunity to help grow private equity secondaries in emerging markets.
2 min read · 05 January 2013
The rise of domestic LPs in emerging markets means more money but new challenges for private equity, writes Christopher Witkowksy.
3 min read · 05 January 2013
A California bill that would require placement agents to take flat fees for fundraising services failed to pass a committee Wednesday, prompting key state officials to threaten a push for a full ban on placement agents.
2 min read · 05 January 2013
The London-based firm is extending the investment period on its current Fund VIII to June 2011 and the hold period on Fund VII for two years.
2 min read · 05 January 2013
Private equity distressed players are finding good returns by helping to capitalise small, distressed businesses, and by scouting for buyout-backed companies being groomed for exit.
2 min read · 05 January 2013
