Chris Witkowsky
Hellman & Friedman has closed its eighth buyout fund on $10.9 billion, blowing out its $8.9 billion target in under a year.
Kevin McDowell has left the Alberta Investment Management Corporation after nearly 14 years with the institutional investor.
NovaQuest Capital Management is back in the market with its fourth fund, seeking $750 million to invest directly in the development of new drugs, according to a person with knowledge of the fundraising.
Riverwood Capital doesn’t play small ball.
Earnings calls for two publicly listed private equity firms were spiced up this week by analyst questions about how the firms calculate net internal rates of return.
The Carlyle Group is moving closer to wrapping up its debut international energy fund at its $2.5 billion hard cap, which would make the fund the largest debut effort in the firm’s history, Carlyle co-CEO David Rubenstein said during the firm’s third quarter earnings call Wednesday, Oct. 29.
The Florida State Board of Administration was busier than usual in the third quarter, committing $505.6 million to six private equity funds, according to an investment summary.
Allianz Capital Partners plans to expand its private equity limited partner activity in the Americas and is hiring a noted LP to help lead that effort.
Susanne Forsingdal, who has led U.S. fund investing for Danish fund-of-funds ATP Private Equity Partners for the past five years, is leaving the firm.
Landmark Partners bought a portfolio of limited partner stakes valued between $500 million and $600 million from the bankruptcy estate of Lehman Brothers earlier this year, according to three people with knowledge of the deal.