US

CalPERS committed a combined $2.1 billion to 13 growth equity and VC funds in the third quarter of 2023, a new report shows.

Northleaf Growth Fund targets growth-stage companies in North America across the technology and healthcare sectors.

I take it that the side letter ask has gotten no less burdensome over the years, and any sort of relief, even one imposed by the SEC, could be viewed as a welcome change by GPs.

CCMP’s succession process occurred last year and the new shop has completed two investments with capital sourced from investors.

Investors in the new funds include California Public Employees' Retirement System, New Mexico State Investment Council, Alaska Permanent Fund and the Fire and Police Pension Association of Colorado

Luo, who specializes in enterprise software and fintech, joined the firm in 2018 and was made a principal in 2021.

The firm is among a group of first-timers and other emerging managers seeking capital from increasingly reticent limited partners content to stick with their deepest relationships.

Record deployment and fundraising headwinds are leading to limited dry powder, says Whitehorse Liquidity Partners managing partner Yann Robard.

The regulator turned its attention to secondaries processes last year as part of a wider set of proposals designed to enhance disclosures in private markets.