Private Equity
Scott Hamner will leave Credit Suisse’s Customized Fund Investment Group early next year. A source said he is joining Alpinvest.
2 min read · 06 January 2013
SVG Capital will commit to a broader range of managers in the future, as part of a strategy re-think that also includes a return of capital to investors.
2 min read · 06 January 2013
Bridges Ventures has corralled £72m in commitments for the first close on its latest SME-focused fund, nearly eclipsing the total fundraising efforts of its last fund raised pre-crisis.
2 min read · 06 January 2013
A 1% management fee on invested capital was one of several choice economic terms that New Jersey's alternatives chief Christine Pastore helped build into customised funds managed by Blackstone.
4 min read · 06 January 2013
US mid-market buyout firm American Industrial Partners has taken just two months to raise its latest fund, smashing its target on the way to a $700m first and final close in the process.
1 min read · 06 January 2013
The distressed investment-focused firm has formed a $300m customised account with New Jersey’s $68bn state pension system to take advantage of the huge need for financing in the mid-market.
3 min read · 06 January 2013
Some of ILPA’s new directors include Brad Woolworth, head of private markets and real assets for the Philadelphia Board of Pensions and Retirement and Richard Hall, senior director of private markets at the Teachers Retirement System of Texas.
3 min read · 06 January 2013
The $66bn pension projects saving $120m in fees over the life of the partnership, in which the system will allocate capital to traditional Blackstone funds and customised accounts with ‘1% and 15%’ term structures.
2 min read · 06 January 2013
Life sciences-focused venture firm EMBL Ventures has held a first close for its second fund on €40m, despite institutional investors’ recent apathy towards venture in general.
2 min read · 06 January 2013
The $26bn retirement system also made a pair of commitments, totaling around $80m, to Leonard Green’s sixth fund and BC Partners’ ninth European capital fund.
2 min read · 06 January 2013
