North America

LPs: Gender diversity good for firm culture

Investors don’t believe more women staffers will help returns, but do believe it benefits the firm’s internal team dynamics, Coller Capital’s latest LP survey found

Thoma Bravo buys Riverbed in take private deal

Teachers’ Private Capital will invest alongside Thoma Bravo in the acquisition

Illinois Teachers’ commits €100 million to private equity

The commitment is a follow-on investment with Rhone Capital

Vector Capital promotes two to managing director

California-based Vector Capital is promoting Alex Beregovsky and Andy Fishman

SVP Global closes third special situations fund on $1.31bn

The Connecticut-based firm beat its $1 billion target

HealthCare Royalty Partners snags White for COO

Christopher White will come over from Janney

Commonfund appoints former JPM exec to CEO

Catherine Keating is expected to replace Verne Sedlacek in February 2015

Bain cuts remaining stake in HCA Holdings in half

The company said it would buy back nearly half of Bain’s $1.13 billion stake

Cressey & Company close fifth fund on $615m

The healthcare focused firm beat its $400 million target for the fund

Friday Letter: Too few key women

Performance-driven private equity firms should address gender inequality within their partnerships now