North America

One Equity raises $1.65bn for first fund after spinout

After spinning out of JP Morgan in 2015, One Equity had several hundred million dollars in oversubscription for its latest fund.

One Equity Partners gathers $1.65bn

<p><em>The middle-market private equity firm closes latest fund with support from outside investors.</em></p> <p><em></em></p>

OCERS seeks a new CIO

The US public pension is now accepting online applications for its CIO position

CalPERS sells $434m in fund stakes

The disposal comes after the US's largest public pension reduced ties with 24 managers through sales in FY2016.

Bregal Sagemount collects $960m

<p><em>UK-based firm closes ‘one and done’ fund above its target size.</em></p> <p><em></em></p>

Apollo Fund IX to hold ‘meaningful closing’ mid-year

The firm also anticipates that the new flagship fund will have a greater share of distressed investments than its predecessor.

PRIM seeks to up PE allocation following strong returns

The Boston-based pension system is awaiting board approval to increase its private equity allocation from 10% to 11% of its $62bn fund, after the asset class outperformed all others in 2016.

Volcker on the chopping block

Trump’s Friday executive order called for a review of the rule which hinders big banks investing in private equity funds.

Coller ex-partner joins Monomoy as head of IR

Ashley Johansen, who led the secondaries firm's fundraising team for three years, has joined the mid-market buyout firm after a brief stint at Irving Place Capital.

Pantheon’s DC strategy seeks better fee alignment

The firm, one of a few in private equity making efforts to tap the defined contribution market, is doing away with the traditional 2/20 private equity fee model for DC retirement plans.