The challenges of running sophisticated alternative investment platforms beneath government umbrellas – from retaining talent to enduring criticism over private equity allocations – were among topics broached today by a panel of heavy-hitting LPs.
The challenges of running sophisticated alternative investment platforms beneath government umbrellas – from retaining talent to enduring criticism over private equity allocations – were among topics broached today by a panel of heavy-hitting LPs.
General partners must patiently wait for deal flow to thaw, writes Nicholas Lockley.
The US firm has hired former bankers to invest in the region’s financial services, energy and seafood sectors.
The firm’s global regulatory affairs head, David Marchick, warned a Senate committee today against unnecessary investment protectionism, using Carlyle’s stake sales to CalPERS and Abu Dhabi as examples of government-affiliated investments that bolster US companies.
Russell Read looks to become an environmental rainmaker after a two-year stint at the $244bn US pension.
Liberty Mutual, Skandia Insurance, Barclays, the New York State Common Retirement Fund and Kamehameha Schools are among the firm’s new limited partners.
Where's the US Private Equity Association? asks Amanda Janis
Newbury Partners, launched by Auda Advisors’ former secondaries team, has already committed 25 percent of its debut fund.
After a year on the sidelines studying for a master's degree in international development, Chris Coles is joining the emerging markets private equity firm Actis.
The pension’s overall annual return of 4.5 percent – its lowest return in five years – was boosted by alternatives. Teachers’ annual report said real estate was the highest performing asset class returning 14.7 percent.
The California-based firm’s seventh fund brings its assets under management to more than $1 billion.
The European buyout firm has made a quick exit on the catalogue business after achieving its goals much earlier than it anticipated.
The firm hopes the hire of Thomas Ramsay, formerly head of its European rival Industri Kapital's Finnish team, will reinvigorate the business, which has not done any deals since 2005.
The retirement system’s board has postponed its vote on a bill staff estimates would cost up to $12 billion in lost private equity returns.