Home North America

North America

Brookfield makes over 30% GP commitment to latest PE fund

The asset manager is targeting up to $9bn for its fifth flagship private equity vehicle.

Goldman, Coller and Morgan Stanley back fund for employee shares

The firms have backed a $150m fund aimed at employees of private companies, using a part-debt/part-equity strategy.

How TSG’s $4bn consumer fund stacks up to peers

The firm is among a crop of managers that has about $77bn to put to work in the consumer-related sector.
Washington DC

Carlyle’s Lee: ‘Challenging’ environment could affect 2019 deployment

The firm expects to raise $20bn across all asset classes this year, CFO Curtis Buser said on a Q4 earnings call Wednesday.

Apollo’s private equity funds stung by public market volatility

It largely attributed the drop to publicly-traded portfolio company holdings in Fund VIII, an $18.4bn 2014-vintage.
Technology

Carlyle doubles tech appetite with €1.35bn close

Carlyle Europe Technology Partners IV closed on its hard-cap as TMT-focused funds seek the highest amount among sector-focused strategies.

Texas Teachers: ‘good intention’ of credit lines being lost

Comments from one of the US's largest pension plans are a reminder that the debate around credit lines is not settled.
Long-term hourglass

Ex-Obama advisor nears $1.5bn close for Buffett-style long-holds – exclusive

Cranemere Group has raised capital from a Middle Eastern family office, a public US institution and a UK pension, PEI understands.
Enriquez

What NYCRS looks for in a GP

David Enriquez, head of private equity for the pension system, shared three things GPs should be aware of when seeking capital.
California hill in the Bay Area

CalSTRS may face uphill climb in directs build-out

The Californian pension will consider hiring an additional 12 direct investment professionals at a time when public institutions are finding it hard to draw top talent.

Copyright PEI Media

Not for publication, email or dissemination