Managers

The pension in question committed 50m euros to CVC's new flagship, but one official questioned the widespread practice of raising funds early and putting them on the shelf while they deploy the prior pool.

Africa's growth-oriented focus and DFI-heavy investor base could make it more resilient than other PE markets and help the continent rebound from health crisis.

These situations are especially relevant in older funds that have deployed most of their capital, with little left to reinvest back into portfolio companies.

The firm has merged its financial services and industrial tech and services teams to tap more attractive deals as a result of market dislocation.

SEC censured the firm, which agreed to pay $1m to settle the case and did not admit or deny wrongdoing.

Intriva Capital has held a first close on its sophomore fund which will target small to mid-market companies experiencing distress.

As part of the job, Tall will directly manage the global PE investment platform, replacing Charles Émond, who in January was named CDPQ’s president and CEO.

Jane Rowe, head of Ontario Teachers’ Pension Plan's private capital group, said the organization is benefiting from a balanced portfolio and focus on private companies that “work well in the long-term and through different cycles.”

The fundraising haul so far is another example of a brand name firm continuing to attract capital even as private market fundraising generally slows in the downturn.

A quarterly wrap-up of fundraising, deals and exits in the North American market.