The UBS private placement team and Quadrangle’s former marketing head were paid a total of $500,000 contingent on a vote not to terminate a fund’s investment period.
Pension documents detailing ARVCO's fee income related to CalPERS also reveal TPG has a broker-dealer affiliate and that Quadrangle paid a fee to UBS for the successful outcome of an LP vote to preserve the investment period on its latest fund.
American Securities’ second distressed opportunities fund will target investments in bank debt, high yield bonds, trade claims and equity securities.
Robert Grady, who ran Carlyle’s venture funds for several years, has rejected the role of treasurer in the administration of New Jersey Governor-elect Chris Christie.
The $126bn pension committed to Clearlake Capital Partners as part of its emerging managers programme, and DeltaPoint Capital as part of its in-state investment programme.
Veteran CalPERS board member Charles Valdes is not running for re-election, and he will be replaced by Joseph Jelincic, a real estate investment officer at the pension.
After a three-year hiatus, the $4.9bn pension committed $60m to private equity firms in 2009 and plans to spend another $60m this year.
John Lane replaces Jennifer Hom as the investment director of the $68.3bn Ohio pension.
Eastern Europe pioneer 2010-01-01 Staff Writer <strong>HEAD OFFICE</strong><br> <table> <tbody> <tr> <td>One Exchange Square</td> </tr> <tr> <td>London</td> </tr>
ASSET CLASS: FUNDS IN MARKET 2010-01-01 Staff Writer NAME OF FUNDNAME OFFUNDGEOGRAPHICTARGETSTATUSMANAGERTYPEFOCUSSIZE21 Centrale Partners iV21 Centrale PartnersMid-MarketsWestern Europe€500mFirst close on €200m in July 20093Ts CEE Fund III3Ts Capital PartnersGrowth / Expansion CapitalCentral and Eastern Eur