Blackstone affiliate GSO Capital Partners is targeting $2bn for its Capital Solutions Fund, which was slated to hold a final close in May.
The influential European LP is considering whether to use a fund of funds – something it has not done in its 10-year history – to access the Chinese private equity market.
The state oil and gas endowment is seeking a firm to help it investigate and possibly pursue legal action in the wake of a pay-to-play scandal.
Limited partners are increasingly vocal about the content annual meetings should include, said panelists at the PEI Investor Relations & Communications Forum on Wednesday.
Margot Wirth, head of private equity for the $133bn pension, sees a shift away from total ‘blind trust arrangements’.
A San Diego pension recently committed to the fund after negotiating carried interest down to 15% from 20%. Highland is raising the fund in partnership with investment firm PetroCap.
The pension's board, which manages about $110bn in assets, has also significantly increased the target for strategic investments, which includes debt funds and infrastructure.
The London-listed firm, which just inked a $38m services deal, will in future focus solely on direct deals under newly installed CEO Glenn Payne.
Hamilton Lane has been selected to take over as the Washington State pension plan’s private equity mandate from Capital Dynamics.
The Florida State Board of Administration, which manages the state’s $113bn pension funds, has made commitments to ABRY, Oaktree and Varde, and is negotiating commitments to Audax and GSO.