Fundraising

Blackstone’s GSO targets up to $3 bln for first energy credit fund

The Blackstone Group’s credit shop, GSO Capital Partners, is targeting $2.5 billion to $3 billion for its debut energy credit fund, according to two sources with knowledge of the fund.

Let's see some fireworks

A high-profile sexual discrimination trial happening right now pitting Ellen Pao against her former employer, Kleiner Perkins Caufield & Byers, has turned a spotlight on what many believe is a culture of sexism in Silicon Valley.

GP Profile: Pritzker Group aims to at least double PE portfolio after big hires

Pritzker Group, which manages venture capital and buyout investments for the Pritzker family, one of America’s wealthiest, is moving to at least double the size of its private equity portfolio of six companies after having bulked up its staff to reach critical mass.

Editor's Letter: Getting in on good terms

Secondary buyers hungry for stakes in mid-market buyout funds: survey

Secondary buyers found stakes in middle-market buyout funds especially attractive last year, according to a recent survey by UBS, which advises on secondary deals. And this year buyers are expected to continue to have a healthy appetite for them.

KKR in talks to settle SEC probe of expense sharing

Kohlberg Kravis Roberts is in discussions with the Securities and Exchange Commission to settle an inquiry about how the firm has allocated expenses between funds and co-investors, according to the firm’s annual report and a recent letter to limited partners.

KKR in talks to settle SEC probe of expense sharing

Kohlberg Kravis Roberts is in discussions with the Securities and Exchange Commission to settle an inquiry about how the firm has allocated expenses between funds and co-investors, according to the firm’s annual report and a recent letter to limited partners.

Head of KKR's Australia business to retire

Justin Reizes, head of Kohlberg Kravis Roberts’ Australia business, is retiring from the firm, according to an investor letter recently sent to limited partners.

Head of KKR's Australia business to retire

Justin Reizes, head of Kohlberg Kravis Roberts’ Australia business, is retiring from the firm, according to an investor letter recently sent to limited partners.

Fortress’ Briger: Credit environment remains ‘less interesting’

Fortress Investment Group credit guru Peter Briger believes the credit investment environment remains uninteresting even though the firm is closing in on $5 billion for its next flagship credit fund.