Private Equity
Commonfund Capital, the for-profit alternative investment unit of Commonfund, a non-profit Wilton, Conn.-based investment manager that serves foundations, pensions and other institutional investors, has hired Tim Yates and David Jansen to senior positions, according to Keith Luke, a managing director at the firm.
2 min read · 31 January 2013
The San Francisco Employees’ Retirement System, which oversees $16 billion in pension assets, named Art Wang as its new managing director of private markets to oversee investments in private equity, real estate and real assets.
2 min read · 30 January 2013
The giant Texas Teachers’ Retirement System committed more than $1.1 billion to private equity across seven investments in the fourth quarter, with some pledges going to long-time partners and some to new relationships.
4 min read · 30 January 2013
Beverly Hills, Calif.-based Levine Leichtman Capital Partners is back in the market with its newest flagship fund, Levine Leichtman Capital Partners V LP, which is reportedly targeting $1.5 billion. The mid-market firm is known for making investments in such firms as the Jon Douglas Real Estate Group and Quizno’s, the sandwich franchisor.
2 min read · 30 January 2013
3 min read · 28 January 2013
With the appointment this month of Michael Bailey as chief of private equity at the $51 billion Massachusetts Pension Reserves Investment Management Board, most of the top-level vacancies for CIOs and private equity officers at the nation’s biggest pension funds have been filled. How long they’ll stay filled is the big question.
5 min read · 23 January 2013
Abbott Capital Management, a New York based fund-of-funds manager, is raising its newest, Abbott Capital Private Equity Investors 2013 LP, according to a recent filing with the Securities and Exchange Commission.
1 min read · 23 January 2013
Kayne Anderson Capital Advisors, a Los Angeles-based private equity firm that focuses on oil and gas buyouts, closed its sixth fund, Kayne Anderson Energy Fund VI LP, raising $1.6 billion overall and matching the fund’s initial target. The new fund is nearly double the size of its previous effort, the 2009-vintage Fund V, which raised $820 million. Fund VI was “considerably oversubscribed,” according to the firm.
1 min read · 18 January 2013
Filling a key position that had been vacant for a year and a half, the Massachusetts Pension Reserves Asset Management Board, the state’s main pension body, named Michael Bailey as its new head of private equity, according to Buyouts...
2 min read · 15 January 2013
Armed with new legal authority to invest in alternative investments, the $15 billion Georgia Employees’ Retirement System has hired Catharine Burkett and Ben Cahyono to begin investing in alternative investments such as private equity, according to James Potvin, the system’s executive director.
2 min read · 15 January 2013
