Private Equity
While the standard ‘2 and 20’ fee model is seeing only marginal movement in recent buyout funds, managers are conceding more ground on transaction fees, according to fund data seen by sister site PEM.
2 min read · 05 January 2013
Li Keping will replace Gao Xiqing as chief investment officer at CIC. Gao will reportedly continue his roles as vice chairman and president.
1 min read · 05 January 2013
The $10.5bn pension worked with UBS to sell a portion of its private equity portfolio. The pension board last week approved more than $100m in commitments, including to Cinven's fifth fund.
2 min read · 05 January 2013
The latest investor survey shows fundraising won’t be getting easier anytime soon.
3 min read · 05 January 2013
The $37.3bn pension fund will invest 11% of total assets in private equity in 2012.
1 min read · 05 January 2013
The $109bn pension will choose between Hamilton Lane and Altius Associates as its private equity advisor to help meet its goal of spending $1.5bn on the asset class this year.
2 min read · 05 January 2013
The $9bn Los Angeles pension fund is planning to transfer ‘specialised alternative investment consultant services’ from PCA to its traditional investment consultant, Hamilton Lane.
1 min read · 05 January 2013
The $22.5bn pension fund appointed Wesley Gipson to oversee its $436m private equity portfolio.
1 min read · 05 January 2013
The US state's investment board has committed more than two thirds of newly-deployed capital to private equity funds specialising in the energy sector.
1 min read · 05 January 2013
As the investment funds of wealthy individuals get set to ramp up exposure to private equity, managers have also been seeking more and more capital from family offices, according to studies from Rothstein Kass.
1 min read · 05 January 2013