Prudential Pension Fund

The company, which hired former AIG executive Jackie Jenkins to run its alternative investments team, has brought on another former AIG executive to lead private equity.

PPM Capital, the European mid-market firm, has spun out from financial services company Prudential. The team’s leader Neil MacDougall is pleased to be leaving behind large corporate red tape.

PPM Capital, the European mid-market firm, has spun out from financial services company Prudential. The team’s leader Neil MacDougall is pleased to be leaving behind large corporate red tape.

PPM Capital, the European mid-market firm, has spun out from financial services company Prudential. The team’s leader Neil MacDougall is pleased to be leaving behind large corporate red tape.

PPM Capital, the European mid-market firm, has spun out from financial services company Prudential. The team’s leader Neil MacDougall is pleased to be leaving behind large corporate red tape.

PPM Capital may reportedly spin out from Prudential as part of a management buyout of the UK mid-market private equity firm.

In addition to changing its name to PPM Capital, the private equity arm of UK insurer Prudential has announced a string of hires across Europe.

The $1.3bn multifamily office allocates 20-30% towards alternatives for most clients, founder and ex-a16z partner Michael Paulus tells PEI.

Investors are getting more sophisticated when it comes to environmental, social and governance considerations as they look to future-proof their portfolios.

Before we get to today's Side Letter, the big news overnight, of course, was Donald Trump's victory over Kamala Harris, and the Republicans winning back control of the Senate. Private equity, for all the scrutiny it has come under in recent years, hasn't been a major battleground in this election. If you'd like to share your thoughts on this morning's results – anonymously or otherwise – we'd love to hear from you. In the meantime, here's today's brief, for our valued subscribers only.

We hope you had an enjoyable Presidents Day and Lunar New Year long weekend. It's Fund Finance week here at PEI, and first under the microscope is whether ESG-linked credit lines are right for every firm. Plus: EQT's fund performance and Brookfield's fundraising super-cycle. Here's today's brief, for our valued subscribers only.

LeapFrog offers its strategic investors a safer way to get to know the emerging consumer story.

The Ford Foundation’s $1bn mission-related investing programme is sending a message not only to GPs but also to its peers.

The Africa and south Asia finance sector specialist has deployed almost half the fund, which had an initial target of $250m.

The Pennsylvania pension fund invested in a an array of strategies including debt funds, secondaries and buyout funds.