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Carlyle Group adds head of private client group
trueJeffrey C. Holland was named managing director and head of the private client group at Carlyle Group, according to a news release.
Providence Debt Fund III closes well above $1 billion fundraising target
trueProvidence Debt Fund III was closed at $1.75 billion by Benefit Street Partners, the fund's manager.
Texas County & District commits to Column Group biotech startup fund
trueTexas County & District Retirement System committed $15 million to The Column Group II.
Singapore's Temasek launches private equity co-investment fund
trueTemasek, Singapore's sovereign wealth fund, Wednesday announced the launch of a co-investment vehicle to provide opportunities for like-minded institutional investors and, eventually, Singapore retail investors as well, to benefit from Temasek's private equity investment activities.
SEC internal review finds bogus fees paid to private equity firms
trueA majority of private equity firms inflate fees and expenses charged to companies in which they hold stakes, according to an internal review by the Securities and Exchange Commission, raising the prospect of a wave of sanctions by the agency.
Bethlehem Pension Fund scouts for private equity fund of funds
trueBethlehem (Pa.) Aggregated Pension Fund is seeking up to two managers to run a total of approximately $10 million in private equity funds of funds.
SEC adds private fund team to examination division
trueThe SEC is adding private fund expertise to its examination team.
Preqin: Hedge fund and private equity managers not in rush to market funds
truePrivate equity and hedge fund managers have yet to take advantage of the loosening of marketing restrictions in the JOBS Act signed by President Barack Obama in April 2012, according to a survey by Preqin.
Louisiana Teachers commits up to $100 million to alternatives
trueLouisiana Teachers' Retirement System, Baton Rouge, committed up to $75 million to Vista Equity Partners Fund V, a software- and technology-focused buyout fund, said Dana Brown, director of public markets.
Texas County & District invests $150 million in hedge fund
trueTexas County & District Retirement System invested $150 million on Tuesday in Highline Capital Partners QP, a long/short equity fund managed by Highline Capital Management, according to a transaction report on the $23 billion pension fund’s website.
Florida SBA names CalPERS vet as private equity senior portfolio manager
trueWesley Bradle joined Florida State Board of Administration as a senior portfolio manager for private equity.
Vermont adds $5 million to HarbourVest fund
trueVermont Pension Investment Committee made a follow-on commitment of $5 million to HarbourVest International Private Equity Partners VII, a Europe, Asia and emerging markets private equity fund managed by HarbourVest Partners.
Private equity only part of Safeway merger story
trueSafeway Inc.'s pending $9.6 billion merger with Albertsons might be as much a real estate play as it is a private equity deal, but the real estate angle won't be revealed right away.
Artisan Partners going strong a year after IPO
trueA year after going public, Artisan Partners Asset Management Inc. is on a roll that is enriching clients, stockholders, financial backers and employees.
Milwaukee City signs up with another Abbott Capital private equity fund of funds
trueCity of Milwaukee Employes’ Retirement System committed $35 million to Abbott Capital Private Equity Investors AP 2014, a fund of funds managed by Abbott Capital Management.