Private Equity
Svein Gjedrem was named administrative leader of the country’s finance ministry, which includes an advisory role for the $570bn fund. Last year, Gjedrem sent a letter to the ministry recommending the fund expand into private equity and infrastructure.
2 min read · 05 January 2013
French group AXA Private Equity, led by Dominique Senequier (pictured), has sealed the acquisition of a $1.7bn portfolio of assets from Citigroup, 14 months after a similar deal with Bank of America.
2 min read · 05 January 2013
Private equity group Helios, co-led by Tope Lawani (pictured), has closed its latest fund on $900m after two years in the market. It is understood to be the biggest fund raised for Africa.
2 min read · 05 January 2013
Family office-backed FF&P PE has held a first close for its latest private equity “club” fund, with which it hopes to help plug a perceived funding gap for smaller companies in the UK.
2 min read · 05 January 2013
As California’s Fair Political Practices Commission investigates 49 CalPERS investment staff for gift reporting, CalSTRS investment officials say they ‘stand by and support’ their counterparts.
2 min read · 05 January 2013
Lauren Lenfest, former co-director of alternative investments at the pension fund, will replace retiring alternatives director Bruce Feldman.
2 min read · 05 January 2013
The $74bn pension has launched a competitive auction for a portfolio of fund stakes worth more than $1bn.
2 min read · 05 January 2013
New York Comptroller Thomas DiNapoli proposed legislation that would permanently ban the use of placement agents in New York’s $140bn pension fund.
2 min read · 05 January 2013
The state-backed development group will have to strike a new balance between attracting top-tier talent and keeping pay in line with its mandate as an investor in impoverished regions.
2 min read · 05 January 2013
KKR co-founder George Roberts told delegates at Private Equity International’s Responsible Investment Forum Thursday sustainable practices are ‘more important than ever’.
2 min read · 05 January 2013
