The state teachers’ pension system has brought on Danielle Seger as a private equity investment officer. Seger left Verizon’s investment management unit shortly after the company hired Goldman Sachs to run its private equity portfolio.
Warburg Pincus is targeting $12bn for its latest mega-buyout fund, which the firm plans to invest globally across a variety of strategies and sectors.
Private equity firms are asking limited partners for terms that would allow for the renegotiation fund agreements in the event carry’s tax treatment changes.
Investors and fund managers are not seeing eye to eye on key fund governance issues according to a recent survey of industry professionals.
The $50.8bn retirement system committed almost $950m to private debt funds at its meeting last month, focusing its strategy on the US and European mid-markets.
The California Public Employees’ Retirement System will go it alone on an emerging manager workshop that had been billed as a joint effort with the California State Teachers’ Retirement System.
It’s time to move beyond just talking about ESG and get specific on implementation, Volkert Doeksen told delegates at Private Equity International’s Responsible Investment Forum.
A study published by a trade group representing minority and women-led firms reveals that firms which have greater diversity amongst their staff have produced superior returns than their rivals since 1998.
Telecom- and media-focused ABRY received $25m, while ICV Capital was awarded $20m. The latter was part of a mandate for minority-owned funds.
With $431m committed, MassPRIM has a long way to go to reach the $1bn target allocation it has set for private equity and venture capital in 2012.