Private Equity
Stellex was founded in 2014 by two Carlyle veterans and focuses on investments in "underperforming or mismanaged lower and middle-market businesses."
2 min read · 28 May 2020
Jeffrey Goldberger told the $17.2bn pension that PE managers told TorreyCove their holdings declined an average of 10 percent in value in Q1.
3 min read · 27 May 2020
Hamilton Lane said it leveraged its size with the manager to negotiate even more attractive fees for its clients.
3 min read · 15 May 2020
In a letter to the $58.8bn pension's board, Jonathan Grabel said LACERA would stick to its investment pace and also look for unique opportunities.
3 min read · 06 May 2020
The pension's private equity program is still in its "development phase," but its consultant believes sticking to the plan during the market dislocation could prove profitable.
2 min read · 30 April 2020
The US pension's chief investment officer said the $17bn fund had enough cash on hand to handle the increased drawdowns.
2 min read · 30 April 2020
The $77.8bn pension had passed its July 2021 goal to grow its PE program, so it reset its targets as of April 1.
2 min read · 29 April 2020
CIO Rod June said the $17bn fund had enough cash on hand to handle the increased capital calls.
2 min read · 29 April 2020
Most larger private equity firms should be able to get along fine without any government assistance, but some smaller firms could face issues, sources say.
3 min read · 28 April 2020
The annual changes to the investment committee's delegation changed or eliminated several clauses which board members and stakeholders saw as transferring power from the board to staff.
4 min read · 21 April 2020
