News

MassPRIM makes big pledges to GTCR and American Securities

The Massachusetts Pension Reserves Investment Management Board has committed $280 million to GTCR and American Securities, sister news service peHUB reported.

PSP sells $1.5bn portfolio on secondary market

PSP Investments, one of Canada’s largest pension investment managers, sold a roughly $1.5 billion portfolio of private equity holdings around the end of the third quarter, according to three people with knowledge of the deal, sister publication peHUB reported.

Littlejohn talks to LPs about $1.5 bln Fund V

Littlejohn & Company is out talking to limited partners about launching its fifth fund with a potential target of $1.5 billion, according to a person who has heard the fundraising pitch, sister news service peHUB reported.

Vista Equity talking to LPs about fifth flagship fund

Vista Equity Partners is talking to its limited partners about launching its fifth flagship fund this year, according to an investor, sister publication peHUB reported.

Wyoming hires former LP as chief investment officer

The Wyoming Retirement System has hired an investment professional with experience in private equity as its chief investment officer, the system announced in a statement Wednesday.

Blackstone raises $4.6 bln for separate accounts business

The Blackstone Group has raised about $4.6 billion for its Tactical Opportunities business after securing a $500 million commitment from the New York State Common Retirement Fund, sister publication peHUB reported.

TPG, prepping Fund VII, keeps eye on public rivals

TPG Capital LP has always followed its own path. Will the so-far lackluster performance of a mammoth $19.6 billion, 2008-vintage fund force it to change directions—and even go public one day?

Five Questions With Todd Dittman, Managing Director-Head Energy Credit Team, Angelo Gordon & Co

Need to Meet Blaine Clark III, Vice President, itelligence Inc

Cloud computing may offer sponsors an economical way to monitor and manage their portfolio companies more effectively by providing powerful business management software as a hosted service, said Blaine Clark III of the tech consultant itelligence Inc.

Exclusive: Veteran LP to join TPG’s fundraising group

Jennifer Morais, a funds commitment professional who worked at the Canada Pension Plan Investment Board, is joining TPG on the investor relations and fundraising team, according to four people familiar with the situation, sister publication peHUB reported.