Federal investigators are looking into possible illegal payments made to influence investment decisions at US pensions, including to placement agents.
1 min read · 05 January 2013
The university’s endowment lost $5.6bn in 2009, a loss driven in part by heavy write downs in its private equity and real asset classes.
1 min read · 05 January 2013
The 22-year-old firm will be renamed Pamlico Capital and will continue investing WCP's recent Fund II, which has about $600m in dry powder.
2 min read · 05 January 2013
Apollo’s IPO filing with the SEC includes pay details showing CEO Leon Black collected $787,391 last year, including $140,202 for car and driver.
2 min read · 05 January 2013
Vought Aircraft, into which the firm first invested in 1992, will be acquired by the Triumph Group, which is paying $525m in cash.
1 min read · 05 January 2013
The mega-firm has added a process by which it will analyse potential investments for ways to cut costs through environmental enhancements.
3 min read · 05 January 2013
Quadrangle, which opened its London office in 2007, reduced its European operations staff, according to a letter to investors earlier this year. One person remains in the London office.
1 min read · 05 January 2013
The pension, which has also doubled its allocation to private equity, cited 'disclosure issues' and no deal activity as reasons it transferred its $14.4m Brazos stake to AlpInvest.
2 min read · 05 January 2013
The state pension has made its fifth commitment to private equity since starting its programme last August.
1 min read · 05 January 2013
After a year-long search, the California State Teachers’ Retirement System has found its new head of private equity internally, choosing interim co-director of the programme Margot Wirth.
1 min read · 05 January 2013
