Private Equity Professionals

The UN Development Programme in Indonesia has selected 500 Startups to jointly launch an impact investing accelerator.

Stephen Schwarzman took a position early on in the firm’s development that modest goals and bold ones required similar effort to achieve. So why not aim high?

Investors have become increasingly cautious of committing to captive funds, president Koji Sasaki told PEI.

The Kuwaiti and Swedish investors bring the combined funds of Capital Constellation – which launched last year as a partnership between three LPs – to $1bn.

These firms have become more diversified and their sticky revenue stream is tied more to management fees, according to director and head of private equity Mark Hoeing.

CHAMP’s decision to rebrand as CPE Capital caps a decade-long transition of leadership from its founders to chief executive John Haddock.

LightBay Capital, formed by two former Ares Management partners, has focused on employing a differentiated strategy.

Tarang ‘Taz’ Katira, 34, pleaded guilty to controlling/coercive behavior and will serve his sentence at Wormwood Scrubs.

Side Letter will be back on Tuesday. In the meantime: Apollo and Athene battle it out; Chinese LPs are driving CEE fundraising; and new hires for Blackstone Growth and Carlyle. Here’s today's brief, for our valued subscribers only.

Private equity must outperform all other strategies for the pension plan to reach its assumed rate of return, says chief investment officer Dhvani Shah.