North America

ILPA’s Elio joins StepStone

<p><em>Michael Elio is leaving the LP trade body to become partner at the StepStone Group.</em> </p>

Platinum Equity in A$454m Australia deal

<p>The US turnaround firm has acquired 70% of struggling yellow pages publisher Sensis from Telstra.</p>

LACERA commits $100m to Palladium

<p>The Los Angeles pension expects to commit about $1.8 billion to private equity this year.</p>

Louisiana Teachers commits $50m to Stone Point

<p>Stone Point Capital represents a new relationship for the pension. </p>

Syndiant launches JV with China PE fund

China-based GP Tongtai Jiuyuo will help the US technology company expand in China.

Exclusive: Sixpoint hires former Virginia pension exec

<p> Brian Bolcar has joined Sixpoint Partners’ New York office as a director.</p> <p> </p>

Riverside closes Fund VI on $1.5bn

<p>The fund surpassed its $1bn target and is the firm’s largest vehicle to date.</p>

Castle Harlan promotes Faust to MD

<p> </p> <p>Heather Faust joined the mid-market firm in 2008. </p> <p> </p> <p> </p>

TPG in $2.9bn pharma exit

<p>The firm is exiting Aptalis, which it acquired in 2008 for $1.3bn.</p>

Chart of the Week: Private Equity Fundraising in 2013

<p> <em>Private Equity fundraising reaches a post financial crisis high.</em> </p> <p><em> <br /></em> </p>