Private Equity
The Los Angeles City Employees’ Retirement System (LACERS) will likely commit between $325 million and $350 million to private equity in 2015, with plans to boost its exposure to small and mid-market managers, according to Jan. 13 meeting materials.
2 min read · 14 January 2015
The sale of limited partner interests represented more than two-thirds or $32.8bn of the total volume
1 min read · 14 January 2015
The LA-based firm closed the structured equity fund above its €95m target
2 min read · 14 January 2015
The European lobby group said the potential application of Solvency II–style requirements to IORPs are ‘inappropriate and disproportionate’
2 min read · 14 January 2015
The Paris-based firm has stopped fundraising and is wrapping up the legal paperwork
2 min read · 13 January 2015
Ex-Citi Private Bank executive Karl Adam will cover UK-based investors and German-speaking Europe for the placement firm
2 min read · 13 January 2015
The Los Angeles County Employees Retirement Association paid roughly $43 million in management fees to private equity firms in 2014, considerably more than the $4.5 million disclosed in its annual report, according to an email from Chief Investment Officer David Kushner.
2 min read · 12 January 2015
TPG Capital plans to hire a local team for growth investments in Africa, expanding the geographic scope of its third growth equity fund, according to a Hamilton Lane report made available by the Teachers’ Retirement System of Louisiana.
2 min read · 12 January 2015
The US-based firm will net a return of between 1.5x and 2x on the sale
2 min read · 12 January 2015
The pan-African firm has raised the largest fund dedicated to African private equity
2 min read · 12 January 2015