new york taxis

Ex-AlpInvest MD taps former shop for GP stakes hire

Joseph Lombardo, who left AlpInvest's partnerships team in December, has joined former MD Sean Gallary at mid-market fund of firms outfit Stonyrock Partners.

How Rhode Island plans to use secondaries to boost its PE exposure

PEI speaks with senior investment officer Jonathan Popielarski about the types of fund stakes the US pension wants to buy so it can hit its 11% target allocation.

Three things you should know about CalPERS’ new PE head

Greg Ruiz, a former Goldman Sachs exec, will rely on his GP experience to help the US's biggest public pension push into direct investing.
David Rubenstein

Rubenstein: Now is the ‘best time to invest in emerging markets’

Lower returns in recent years have caused investors to pull back, leaving these regions ripe for investment, the Carlyle co-founder said.

Carlyle’s Bagijn: commingled funds will remain ‘highly relevant’

Ruulke Bagijn, the new head of the firm’s AlpInvest and Metropolitan units, says co-investment and secondaries funds will remain part of the core of the business.

CalPERS fills private equity chief position after two years

Greg Ruiz will join the pension system this summer from Altamont Capital Partners, filling a role that has been without a permanent occupant since Réal Desrochers left in 2017.

Pamplona taps AAC partner for Benelux push

The firm has hired Olaf Tensen, a former partner at Dutch mid-market firm AAC Capital, to drive up investments in the region.

PODCAST: Gazing into the future – 5 tips for long-term investors

Wired editor-at-large and futurist Ben Hammersley explains how to deal with exponential growth, discusses the needs created by new technology and explains why cognitive-enhancing infra is a must in the age of AI.
Nairobi, Kenya

LeapFrog hauls in $700m for third fund

The impact investor’s third fund is 75% larger than its predecessor and has already made five investments.
Alex Navab

Inside Alex Navab’s private equity firm

The former KKR Americas head has been focused on building the infrastructure of Navab Capital Partners before it starts fundraising.
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