Private Equity
Former Park Hill and Coller executive Andrew Caspersen allegedly created a fake credit facility to support a real stapled secondaries transaction, according to the US Department of Justice’s complaint.
4 min read · 29 March 2016
The placement agent, which was acquired last year by Stifel Financial Corporation, will open its Chicago location next month within Stifel’s office.
1 min read · 29 March 2016
Advent International is acquiring a majority ownership interest in ATI from KRG, which had purchased the company in 2012.
2 min read · 29 March 2016
Albert Edwards has led the Office of University Investments, which has a sizeable allocation to private equity, since May 2012.
1 min read · 29 March 2016
State Senator Jeff Klein introduced a bill Wednesday to close the carried interest ‘loophole’ at the state level.
2 min read · 29 March 2016
Andrew Caspersen, who focused on advising secondaries transactions, including GP-led restructurings, allegedly tried to defraud two institutional investors of more than $95m.
3 min read · 28 March 2016
Founders Fund VI had an original target of $1bn and received commitments from 197 investors.
2 min read · 28 March 2016
The New Mexico State Investment Council had previously committed $40m to Fund III and $60m to Fund II.
2 min read · 28 March 2016
The Denver-based firm has raised $148.4m for KRG Capital Fund V from 11 limited partners since receiving its first commitment a year ago. Its predecessor fund, KRG Capital Fund IV, closed in 2007 above target on $1.96 billion.
2 min read · 25 March 2016
The Chicago-based firm is aiming for the same target as its previous fund and has so far won a commitment from the Minnesota State Investment Board.
1 min read · 25 March 2016
