Managers

OPIC commits $200m to LeapFrog

This marks the DFI’s single biggest commitment to a PE fund, and the largest commitment to any impact fund in history.

Oregon to commit to KKR Fund XII

KKR’s 12th flagship fund, KKR Americas Fund XII, will offer management fee waivers to investors committing prior to first close, and fee discounts on large commitments. The Oregon Investment Council is looking to invest up to $500m to the fund.

LP Scorecard: KKR helps Oregon pension rake in $3.7 bln in 12 months

Actis exits Sri Lankan hospital stake

The emerging market fund’s investment in Asiri Hospitals Group is understood to have generated an IRR of more than 25%.

Pennsylvania examines fees, sets $750 mln pace for PE

Carnelian’s debut fund closes on hard cap

Carnelian Energy Capital closed its inaugural fund on its hard cap of $400m, which will go towards the lower and middle market energy sector.

IK VII Fund is 60% invested

The European mid-market firm’s acquisition of Salad Signature brings the number of investments made from that fund to 10.

TPG,Satya hires ex-African Development Bank president

<span class="ITALIC">The hire will bolster the $1 billion partnership, which has so far made one investment in Africa since its formation in June.</span>

Olympus Capital invests in e-waste company LTG

This is the firm’s third investment in China’s waste management sector.

Longtime LP Welker lands at Champlain Advisors