Private Equity
First Reserve has promoted President Alex Krueger to the role of co-chief executive officer in a move characterized as the next step in a succession plan.
2 min read · 12 February 2015
The State Universities Retirement System of Illinois re-upped $125 million to Adams Street Partners’ latest global fund of funds at its Feb. 5 meeting, spokeswoman Beth Spencer said in an email.
1 min read · 12 February 2015
MidOcean Partners is quietly raising a bridge fund to give it more time to harvest investments in its most recent flagship vehicle before coming to market with its next major fundraising, according to a person with knowledge of the effort.
1 min read · 11 February 2015
Greenhill & Co. just made a major move into private equity secondaries in what has been the strongest bull run in the history of the young and growing market.
3 min read · 10 February 2015
Hamilton Lane is putting together one of the largest co-investment funds ever earmarked for buyouts and other late-stage deals, having secured $849.6 million through year-end toward an upwardly revised goal of $1.3 billion.
2 min read · 10 February 2015
Two former high-level executives from MidOcean Partners have formed their own shop, Broad Sky Partners, and have made two deals.
2 min read · 10 February 2015
The Los Angeles County Employee Retirement Association does not commit to many small or lower middle-market managers. In fact, small buyouts represent only a little more than one-twentieth of its buyout portfolio’s total market value.
3 min read · 09 February 2015
I find it something of a surreal situation when I write about the low pay of public pension limited partners. After all, as little as they make relative to the private sector, it’s still likely more than I’ll ever make as a frumpy journalist.
3 min read · 09 February 2015
Sarah Alexander, the founding president and former chief executive of the Emerging Markets Private Equity Association, has quietly left The Abraaj Group, which she joined in 2013 as a managing director.
2 min read · 05 February 2015
Tom Baker, previously a private equity portfolio manager at the California Public Employees’ Retirement System, has moved just down the street to join the private equity team at the California State Employees’ Retirement System.
1 min read · 04 February 2015
