Buyouts staff
Amid the ongoing M&A among fund administrators, questions remain as to whether these larger players can deliver better technology and more offerings without jeopardizing their service to GPs, Rob Kotecki reports.
Private equity firms are fighting back in the face of escalating risk, amid growing pressure from LPs, writes Amy Carroll.
Private equity fund administrators are embracing digital differentiation as tech advances accelerate outsourcing, writes Amy Carroll.
Solange Fernandez Brooks, a veteran private equity investment officer with the California State Teachers’ Retirement System, will leave the pension fund at year-end and take over leadership of Hispanic-focused nonprofit New American Alliance. Brooks, who worked at CalSTRS since 2004, worked across the system’s investment portfolio, with an emphasis on emerging managers and the home […]
She starts Jan. 1, 2020 and takes over from longtime CIO Gary Bruebaker, who is retiring in December after 18 years in the job.
Stephen Schwarzman is considered one of the founding fathers of private equity. He co-founded Blackstone in 1985 and is chairman and CEO. The New York private equity firm has $545 billion in assets under management, but things weren’t so easy for the firm when it launched more than three decades ago. Schwarzman’s new book, What […]
A week after having her first child Sejal Pietrzak accepted a job at a start-up in another city. For that role, she had to quit her banking job at Wells Fargo and move with her husband and a newborn to another city. That company, ActiveNetworks, was a strong performer for Vista Equity Partners, according to Robert […]
Kristin Mugford became Bain Capital’s first female managing director at age 32. She joined the global firm’s private equity business in 1994 and helped start Bain Capital Credit (then Sankaty Advisors) in 1998. Mugford, coming from a family of sisters, was the coxswain for the men’s crew team at Harvard University. At the time, it […]
Private equity is evolving. More women are coming into the industry, more women are in senior roles and LPs are paying more attention to diversity. Unfortunately, change comes slowly in an industry that is roughly 40 years old. “I’ve seen a very gradual, very slow rise in the number of senior women in the industry,” […]
Women remain underrepresented in the private equity industry, and of those who hold senior positions, the fewest — about 1 in every 20 — hold the title of managing partner, according to a report from Preqin. Women account for 18 percent of PE employees, the lowest proportion of any alternative-asset class, Preqin said. And the figure is […]