Managers

Clessidra to close €800m fund by 30 Nov - Exclusive

Now that the Bank of Italy has authorised the acquisition of the Milan-based private equity firm by Italmobiliare, Clessidra is preparing for a final close of its latest buyout fund.

Cornell Capital raises $850m for third fund

New York-based Cornell Capital, founded by a former vice chair of Goldman Sachs merchant bank, has a target of $2bn for its latest fund.

Thoughts on best practices from an LP advocate

Lexington acquired stakes in $1bn Texas ERS sale

The deal closed around six months after a board member at the US pension expressed scepticism about selling stakes on the secondaries market.

At Indiana pension, PE fee offsets lead to $15.8 mln surplus

Ardian raises €4.5bn for European mid-caps

The firm raised Ardian LBO Fund VI in four months – its fastest ever fundraising.<br />

Goldman, former MD seek to dismiss NY lawsuit

Goldman Sachs and a former managing director have asked the New York Supreme Court to drop a lawsuit brought by a Hong Kong-based private equity firm, on the grounds that the Court lacks jurisdiction to hear the matter.

Fund performance: Late-decade funds continue to show solid performance in SFERS portfolio

The Battle of Illinois: Lawmakers, pension officials square off over PE transparency

Record fundraising lifts Partners Group’s 1H revenues

The Swiss private markets investment manager said first-half revenues surged 58% thanks to a record €4.6 billion in new commitments, as well as a strong pipeline of investment activity.