North America

Apollo bulks up following active Q4

<p>The firm raised its largest ever fund during the fourth quarter and grew assets under management by 42%.</p>

Ridgemont promotes Purcell to partner

<p><span lang="EN-US">Jack Purcell joined the mid-market firm in 2002 prior to its spin-out from Bank of America.</span> </p>

Chart of the Week: Mega funds return

<p> <em>Mega-funds dominate the fundraising scene as investors seek brand-name managers</em> </p> <p> </p>

CPPIB opens in Sao Paulo

<p><span lang="EN-US">The C$192.8bn Canadian pension plan will open a </span><span lang="EN-US">Sao Paulo office with three professionals in April.</span> </p>

Maine loses head of alternatives

<!--StartFragment--><p>Ned Creedon has left MainePERS to join the University of Illinois Foundation as its head of private investments.</p> <!--EndFragment-->

CVC buys $1bn AVAST

Despite closing a new fund last year, CVC is still investing its €10.75bn fifth fund, a 2008-vintage.<br />

Post Oak hits hard-cap for Fund II

<p>The firm raised $500m for its Fund II, plus an additional $100m for co-investments.</p>

Warburg bets $100m on Dude software

<p><span>The firm will acquire a minority stake in facility management software Company Dude Solutions. </span> </p>

Jordan Company in $550m chemicals exit

<p>The mid-market firm will sell Haas Group to Wesco Aircraft. </p>

Oregon commits $950m to TPG

<p>The Oregon Investment Council committed to an interim buyout fund and an opportunities fund managed by TPG.</p>