Home Authors Posts by Preeti Singh

Preeti Singh

Florida SBA’s John Bradley on its next moves

Five years into restructuring its private equity portfolio, the $160bn Florida State Board of Administration limited partner is now expanding its focus into distressed strategies and building its Asia exposure.
Chart, decline

Blackstone’s private equity returns fall in second quarter

The asset manager still expects to cross $100bn in total capital inflows in 2019, having already raised $64bn so far this year.
New York

Warburg Pincus’s Joseph Landy to step down

The co-CEO has led the firm alongside Charles Kaye since 2000, growing its assets more than fourfold while remaining a pure-play private equity player.
Charts

CalPERS’ private equity returns fall by 50% in fiscal 2019

The asset class was still the second highest return generator, and the pension system is expanding its programme to help achieve a 7% actuarial rate of return.
Abu Dhabi

ADIA’s direct private equity investments double in value in three years

Almost 40% of the sovereign wealth fund’s new commitments in 2018 were sourced by its internal team.

WSIB’s Bruebaker: ‘You never want to waste a good crisis’

Gary Bruebaker steered the pension system through the financial crisis to build out a robust private equity programme.
Austin, Texas

UTIMCO shifts to large buyouts to scale PE portfolio

The endowment will trim its private equity manager list by almost 50% and increase cheques to core GPs to maintain its $3bn annual investment target.

Public pensions: NJ governor’s rhetoric leaves pension trying to re-establish itself in PE

Phil Murphy’s anti-private equity rhetoric is leaving GPs confused.

Abraaj’s Abdel-Wadood pleads guilty in US court

Mustafa Abdel-Wadood admitted to racketeering and fraud, and has agreed to co-operate with the US probe on the fallen emerging markets firm.

American Capital spinout holds first close on Fund II

The vehicle, which is targeting $375m, is Northlane Capital’s first as an independent manager.
pei
pei

Copyright PEI Media

Not for publication, email or dissemination