Private Equity
Placement agents that work with California’s public pension funds will be required to register as lobbyists, putting an end to fees based on the success of a fundraising.
2 min read · 05 January 2013
ILPA, the LP-focused industry group, plans to issue new guidelines for capital calls, distribution notices and portfolio company quarterly reports. The initiative comes exactly one year after ILPA’s Private Equity Principles were released.
2 min read · 05 January 2013
The Washington, DC trade group has more than doubled its membership to include mid-market firms, and has created a committee to consider issues relating to the small and mid-market.
2 min read · 05 January 2013
Bruce Malott, a board member with New Mexico's Educational Retirement Board, took a personal loan from the father of a placement agent doing business with the pension.
2 min read · 05 January 2013
The pension’s head of alternative investments, already on administrative leave, has resigned amid an ongoing placement agent investigation.
2 min read · 05 January 2013
Placement agents that work with California’s public pension funds will be required to register as lobbyists, putting an end to fees based on the success of a fundraising.
2 min read · 05 January 2013
The pre-2008 trips - arranged by private equity and real estate GPs - related only to firms in which the US pension owned a management stake or on whose LP advisory boards it sat.
4 min read · 05 January 2013
The Washington State Investment Board’s private equity team will seek to replace Brian Roberts, who is leaving the pension fund next week.
1 min read · 05 January 2013
The $14bn system revealed a placement agent, Glen Sergeon, with a connection to its former CIO, did more work than any other agent since 2004. The pension found no evidence of pay-to-play activities.
2 min read · 05 January 2013
A recent ruling could set a precedent for GPs considering taking action over LP defaults, writes Jenna Gottlieb.
2 min read · 05 January 2013
