Private Equity

LP News

New York AG sues secondaries investor and NYPPEX CEO Laurence Allen for fraud

The New York attorney-general has filed a lawsuit against Allen, who runs a secondaries fund and a secondaries intermediary business, for allegedly misappropriating more than $13m

2 min read · 05 December 2019

PA SERS backs Clearlake, Insight funds

Pennsylvania State Employees’ Retirement System has an existing relationship with both Clearlake Capital and Insight Partners

2 min read · 05 December 2019

Texas ERS commits $20 mln to TA Associates fund

The system is willing to invest at least $1 billion in private equity commitments over the next two years

2 min read · 04 December 2019

Alaska Permanent commits over $600 mln in Q3

The $64.8 billion sovereign wealth fund committed to platforms from Advent, Permira, H.I.G., and Carlyle, among others.

2 min read · 04 December 2019

Illinois Municipal commits to Vista, Clearlake and Valor

The system's private equity portfolio makes up $1.6 billion

2 min read · 03 December 2019

Maryland backs two Leonard Green funds

The system also committed $75 to a Vistria Group fund

1 min read · 02 December 2019

LPs would like more vigorous defense of PE industry: Coller

Coller Capital spoke to 113 private equity investors for their twice-yearly report on trends in the industry.

2 min read · 02 December 2019

New Mexico opens the door for in-state PE and venture windfall

The State Investment Council will seek flexibility to boost in-state PE exposure.

2 min read · 27 November 2019

New Jersey passes on KPS funds due to disagreement on “terms”

The $78.46 billion pension made the commitments in September, but staff says they failed to agree on terms with KPS.

2 min read · 25 November 2019

Washington names Tucker CIO, taking over from Bruebaker in 2020

She starts Jan. 1, 2020 and takes over from longtime CIO Gary Bruebaker, who is retiring in December after 18 years in the job.

1 min read · 21 November 2019

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