Private Equity

Managers

Maryland pension sees cash flow from smaller PE, pays more into large funds

The system is considering new relationships and emerging managers next year.

2 min read · 22 November 2023

Sacramento County pension eyes eight PE commitments in 2024

The system will also look to reduce its overallocation to venture capital.

2 min read · 21 November 2023

Post-succession Court Square launches Fund V, targets $3bn

The new offering comes roughly a year after Court Square announced a succession event that created new leadership.

2 min read · 21 November 2023

Goldman Sachs hires Evercore executive for secondary advisory

The move comes as movement around the secondaries advisory world has slowed after a series of relocations over the past year.

2 min read · 20 November 2023

LACERS sets PE pace for next year after pulling back on secondaries sale

The system is also launching a much-discussed co-investment vehicle.

2 min read · 20 November 2023

CVC-linked GP ties carried interest to impact goal

Malaysia-based impact firm Bintang is requiring portfolio companies in its next fund to achieve B Corp certification within two years.

4 min read · 20 November 2023

Carlyle spinout Stellex targets $2.5bn for third special situations fund

Stellex was founded in 2014 by Ray Whiteman and Michael Stewart, who previously headed Carlyle Strategic Partners, a distressed and special situations platform.

3 min read · 17 November 2023

MiddleGround closes secondary to fund combo of Banner Industries and Castle Metals

Hamilton Lane was lead investor on the deal, which the firm closed without intermediation.

3 min read · 17 November 2023

GP stakes: a de-risked route into VC? – updated

A firm launched this week with the backing of US pension funds represents a new breed of fund of firms vehicles.

3 min read · 16 November 2023

Georgian raises $1.4bn for latest flagship tech fund, blind-pool strategy

Along with practicing traditional approaches to adding value, Georgian has programs to help software companies anticipate and absorb fast-moving innovations, particularly in the world of AI.

4 min read · 15 November 2023

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