Fundraising

EXCLUSIVE: Evercore wins major secondary mandate to sell GE’s $1 bln portfolio

Evercore’s fledgling private equity secondaries advisory group, in one of its first major mandates since forming last summer, will run the sale of a portfolio of about $1 billion worth of private equity fund interests managed by a division of GE Capital, according to four people with knowledge of the situation, sister news service peHUB reported.

Senior executive Dinneen leaves Siguler Guff

Patricia Dinneen, a senior investment executive who worked at Siguler Guff since 2004, has left the firm and joined the Emerging Markets Private Equity Association as a senior advisor, sister news service peHUB reported.

Trilantic avoids high prices with "power minority" deals

With a new $2.2 billion fund in hand, Trilantic Capital Partners, which emerged from the ashes of Lehman Brothers, is poised to develop its first portfolio entirely as an independent firm.

Brad Demicco jumps to Emory Investment Management

Brad Demicco, private equity portfolio manager at the Employees Retirement System of Texas, has taken on the director of private markets role at Emory Investment Management, sister news service peHUB reported.

Washington joins Oregon as major LP in TPG bridge fund

Washington has joined Oregon as a major limited partner in an interim fund being raised by TPG Capital before it launches its seventh flagship vehicle, according to sister website peHUB.

Cov-lite financing complicates life for distressed investors

Next time really will be different, and not in a good way, investors in distressed debt fret.

Hamilton Lane and Paul Capital buyout talks end

Hamilton Lane held talks with secondary specialist Paul Capital to acquire the smaller shop, but the talks ended without any agreement on a deal, three people with knowledge of the process told sister news service peHUB.

Newbury executive joins Singapore's GIC

Brian Kapetanis, a vice president at secondary firm Newbury Partners, has left the firm and joined the Government of Singapore Investment Corp, according to a person with knowledge of the situation and Kapetanis’s LinkedIn profile, sister news service peHUB reported.

ABRY Partners launches third senior debt fund targeting at least $1 bln

ABRY Partners has launched its third senior debt fund targeting at least $1 billion, according to two people with knowledge of the firm, sister news service peHUB reported.

Five questions with Claire Kendrick, managing director, head of economic research, Z Capital

Executive discusses the state of the world economy and how it impacts Z Capital’s investments