Private Equity
Cheryl Maliwanag, a 16-year veteran at Pathway Capital Management, is no longer with the firm, according to a source familiar with Maliwanag, as well as a public document from the Alaska Retirement Management Board, sister news service peHUB reported.
2 min read · 09 January 2014
Z Capital Partners, the special situations firm run by James Zenni, the founder of Black Diamond Capital Management, has beat its target for its second fund and is now eyeing its $750 million hard cap, according to two people with knowledge of the situation, sister news service peHUB reported.
1 min read · 07 January 2014
Great Hill Partners has raised nearly $494 million for its fifth buyout fund, according to a regulatory filing. Boston-based Great Hill Partners, which focused on growth companies, has attracted 54 investors to Great Hill Equity Partners V LP, the filing showed.
2 min read · 07 January 2014
As the Pennsylvania State Employees’ Retirement System works through some major shifts in its leadership, the system has apparently had to put on hold planning for a private equity secondary sale that was slated to help it reduce its huge exposure to the asset class, sister news service peHUB reported.
1 min read · 07 January 2014
Falconhead Capital LLC has scored a 3x return on its its invested capital in its exit from NYDJ Apparel LLC, a deal that closed on Monday, according to a person familiar with the transaction.
3 min read · 06 January 2014
Steve Moseley, former president of the StepStone Group, has taken on a private equity role with the Alaska Permanent Fund, sister news service peHUB reported.
1 min read · 03 January 2014
The long-time chairman of the board at the Pennsylvania State Employees’ Retirement System, Nicholas Maiale, who helped move the system into alternative investments, has decided to step down amid an investigation into the system’s former CIO, sister news service peHUB reported.
3 min read · 03 January 2014
A single cash infusion has brought fund-of-funds manager Abbott Capital Management LLC halfway to its goal for its third dedicated buyout fund.
2 min read · 02 January 2014
Maranon Capital LP continues to recharge its lending capacity. The Chicago leveraged lender has closed on $107.5 million for it sophomore mezzanine fund, according to regulatory filings, two months after the firm raised $330 million for its second senior credit fund.
2 min read · 02 January 2014
Distressed debt and aviation finance investor Castlelake LP, which separated itself in August from long-time buyout affiliate TPG Capital, has topped the $500 million mark for its first fund as an independent investment shop, according to a regulatory filing.
2 min read · 31 December 2013
