Private Equity
Patria Investimentos, backed by The Blackstone Group, has closed its fifth private equity fund on $1.8 billion, beating its original $1.5 billion target, according to a person with knowledge of the fundraising.
3 min read · 21 July 2014
Some private equity limited partners have been “de-risking” their illiquid portfolios, according to a fresh first-half pricing report from alternative asset advisory firm Cogent Partners.
3 min read · 20 July 2014
The Blackstone Group is back in the market with its “second generation” Tactical Opportunities vehicle, essentially a separate account pool that combines smaller single LP mandates in a commingled fund with large tailored accounts for big investors.
3 min read · 17 July 2014
HarbourVest Partners has hired Michael Dean, head of real assets at Meketa Investment Group, as it builds up its capabilities for investing in real assets—mostly energy and infrastructure.
2 min read · 16 July 2014
Secondaries sellers reaping big prices for their limited partner stakes on the private equity secondaries market can, in part, thank the Federal Reserve.
3 min read · 15 July 2014
Melissa Griffin, a private equity portfolio manager at the Florida State Board of Administration, has joined the Georgia Division of Investment Services as a private equity analyst, Jim Potvin, executive director of the Employees’ Retirement System of Georgia, confirmed.
2 min read · 14 July 2014
Oaktree Capital Management has hit the market with its seventh real estate fund targeting about $3 billion, less than a year after closing the prior fund, according to a person with knowledge of the fundraising, as well as marketing documents for Fund VII.
1 min read · 14 July 2014
The Florida State Board of Administration committed $872.5 million to alternative investments in the second quarter, including about $622.5 million to private equity, according to an investment summary provided by the pension system.
2 min read · 11 July 2014
David Abrams, one of the founders of Apollo Global Management’s European Principal Finance business, recently chose to move into a senior adviser role, according to two people with knowledge of the situation.
2 min read · 10 July 2014
Oaktree Capital Management veteran Kevin Clayton, who launched the marketing and client relations team at the firm, is retiring, Oaktree confirmed.
1 min read · 10 July 2014
