Fundraising

Summit Partners launches $750 mln Credit Fund II

Just 14 months after launching its inaugural credit fund, the growth equity firm Summit Partners is coming back for more, and more than doubling the target from its predecessor, according to a regulatory filing.

Cahyono to run Georgia's alternatives program on his own

Catharine Burkett, who was hired to help build the private equity program at the Georgia Division of Investment Services, left the system recently to take a job in the private sector, sister news service peHUB reported

Hamilton Lane sets $100 mln mezz fund for Florida deals

The private equity adviser Hamilton Lane is poised to launch a mezzanine investment fund on behalf of the Florida State Board of Administration to invest in smaller companies in the state.

Vista blows out target with $1.1 bln final close on small-cap fund

Vista Equity Partners has closed its second Foundation Fund, which invests in small and mid-cap software companies, on $1.1 billion, sister publication peHUB reported.

WUIMC hires Daniel Feder of TIAA-CREF to run private markets program

Washington University in St. Louis Investment Management Co. has hired veteran private equity executive Daniel Feder to run its private markets program.

Georgetown endowment hires former SBIA executive for private markets

Kristi Craig, former executive with the Small Business Investor Alliance, confirmed a news report that she joined the Georgetown University endowment earlier this month as director of private markets, sister publication peHUB reported.

Sun Capital spawns another new shop

A new-ish firm has been talking to potential investors about its debut fund, sources told sister publication peHUB.

CIC forges new relationship with Carlyle with $350 mln commitment

Massive sovereign wealth fund China Investment Corporation formed a new relationship with The Carlyle Group earlier this year, a person with knowledge of CIC told sister publication peHUB.

Five questions with Dennis McCrary, Partner, Global Co-Investment, Pantheon

Need to meet Kelli Roiter, head and managing director, Jefferies Strategic Capital Opportunities, Jefferies & Co

The long-awaited turnaround in Europe may be starting to happen, as Continental banking rules may soon prompt institutions to turn loose troubled loans that they have not yet been required to clear off their books, says Kelli Roiter, who runs the private equity fundraising business for the investment bank Jefferies & Co.