Graham Winfrey
The firm has deployed roughly 35% of the capital to date.
The 2013 Direct Fund includes a $100m commitment from HVPE, the firm’s Euronext-listed vehicle.
Fundraising in Canada tripled in 2013, while deal volume rose to the highest level since 2008.
Teakwood Capital closed its oversubscribed Fund III without using a placement agent.
The firm has enough investor demand to raise $8bn but will cap the fund at $6bn, not including a $250m GP commitment.
The promotion of Robert Sayle brings the number of partners at the firm to seven.
Patricia Dinneen has been named a senior advisor at EMPEA, where she is also chair of the group's Impact Investing Council.
The system’s real estate and infrastructure segments returned 14.3% and 12.4%, respectively.
The two groups join existing Kronos investors Hellman & Friedman and JMI Equity, which took the company private in 2007.
Google’s growth equity fund has invested $40m in the education company.