Private Equity

Fundraising

Pomona loses partner Doug Kelly

Doug Kelly, a partner at Pomona Capital, has left the firm, according to a person with knowledge of the situation.

2 min read · 04 September 2015

Former Shaw Group execs launch debut energy services fund

A group of former executives from energy services giant The Shaw Group have launched their debut energy services fund, according to a person with knowledge of the firm.

2 min read · 03 September 2015

Gávea’s private equity chief steps down

Chris Meyn, who led the private equity team at Gávea Investimentos, has stepped down months after the firm closed its fifth fund on about $1.1 billion.

2 min read · 02 September 2015

CEO quits Apollo-backed Express Energy

Darron Anderson, the chief executive officer of oilfield services company Express Energy Services, which was acquired by Apollo Global Management last year, has resigned, a source said.

2 min read · 01 September 2015

Five Questions with Jeri Harman, CEO, Avante Mezzanine Partners

Q&A with Jeri Harman, CEO, co-founder and managing partner of lower middle-market lender Avante Mezzanine Partners.

3 min read · 31 August 2015

PA SERS copes with sudden death of PE official

Veteran limited partner Michael Beblo, 62, director of alternative investments at the Pennsylvania State Employees’ Retirement System, died after heart surgery on August 2, a spokeswoman for the pension system confirmed.

2 min read · 27 August 2015

Connecticut searches for private equity head after Purcell departs

The Connecticut Retirement Plans & Trust Funds is on the lookout for an investment professional to oversee private equity and alternative investments after the departure of Terrence Purcell.

1 min read · 26 August 2015

H.I.G. races through fundraising on debut LatAm fund

H.I.G. Capital is moving at a quick pace through its debut Latin American fund, and expects to be wrapped up this year, according to three people with knowledge of the fundraising.

2 min read · 25 August 2015

Alaska Permanent Fund feels warmth from private equity

Private equity drove returns at the Alaska Permanent Fund, which generated an overall return of 4.9 percent in fiscal 2015 ended June 30, according to a statement from the sovereign fund outlining preliminary figures.

2 min read · 24 August 2015

Blackstone eyes $5.5 bln or more for next secondaries fund

The Blackstone Group, on a fundraising tear this year, is expected back in market in rapid-fire time with its next private equity secondaries fund in September that could target $5.5 billion, according to two people with knowledge of the firm.

2 min read · 21 August 2015

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