Private Equity
Volkert Doeksen, the chairman and managing director of The Carlyle Group’s private equity fund of funds, AlpInvest Partners, has been transferring day to day management responsibilities to other executives at the group over the past two years.
2 min read · 02 June 2014
ProA Capital de Inversiones, a Madrid-based firm formed in 2007, is back in the market targeting 325 million euros ($442 million) for its second fund, according to a person with knowledge of the fundraising.
1 min read · 02 June 2014
The Pennsylvania Public School Employees’ Retirement System has removed documents for about 150 alternative investments from a website accessible to the public, in order to comply with confidentiality requests from managers.
2 min read · 30 May 2014
The Pennsylvania Public School Employees’ Retirement System is choosing secrecy over transparency for its private equity program.
2 min read · 29 May 2014
Scott Stringer, New York City’s comptroller, has named Scott Evans as chief investment officer of the city’s $150 billion pension system at an annual salary of $224,000. He starts in the role on July 14.
2 min read · 29 May 2014
Some general partners have taken a fairly relaxed view of the recent leak of their limited partner agreements—which raises the point that what has been under lock and key for so long in this industry actually doesn’t need to be.
3 min read · 28 May 2014
Elizabeth Danes, a former executive at Capital Z Partners who ran her own firm for the past three years, died earlier this month after an 11 year battle with breast cancer.
1 min read · 28 May 2014
Vortus Investment Advisors LLC, which focuses on deals in the energy industry, has held a first close on its debut fund on $100 million, according to a person with knowledge of the fundraising.
2 min read · 27 May 2014
Andy Wiltshire, the head of alternatives at the Harvard Management Company, made about $7.8 million in total compensation in calendar year 2012, according to information provided by Harvard—the largest payout among the group of investment managers at the organization.
2 min read · 22 May 2014
Chicago Growth Partners has decided to stop raising its third private equity fund and instead will pursue a different structure to invest capital in small growth companies, according to a memo the firm sent to limited partners.
2 min read · 21 May 2014
