North America

ParkerGale launches $200m debut fund

The Chicago Growth Partners spinoff firm will invest in technology companies in North America.

CalPERS voices support for PE team

<p><span>At Tuesday’s investment committee meeting, CIO Ted Eliopoulos corrected a ‘regrettable’ error made during the pension’s August meeting, which prompted backlash from one board member and a number of bloggers.</span></p> <p> </p>

Saban Capital appoints PE MD

Richard Yen will oversee the firm’s digital and internet growth equity investments.

Luminate hires new principal from Thoma Bravo

Sanjay Palakshappa joins Luminate’s head office in San Francisco after two years at Thoma Bravo’s investment team.

Clearlake Capital Group closes fourth fund at $1.3 bn

<p><span>The Californian private equity group has closed Fund IV at its hard cap.</span></p>

Z Capital hires former FBI officer as operating partner

Jerry Pender specialises in information technology and will advise on digital and cybersecurity.

Blue Point adds three to its Cleveland ranks

Global mid-market private equity group makes key administrative finance appointment in Cleveland and bolsters investment team support.

Alerian auction to target private equity: sources

The auction of Alerian Capital Management has run into some bumps, two sources said.

Irving Place appoints veteran executive as senior adviser

<p><span>Former Emerson Electric CFO Walter Galvin will work with portfolio companies and find new investments in the industrial and packaging industries.</span></p> <p> </p>

JLL Partners over halfway to Fund VII target

Firm has raised $624.15m, with Rhode Island State Treasury and New Jersey Division of Investment both committing $150m.<br />