Chris Witkowsky
Former PE portfolio manager at CalSTRS To head a new team of four at CalPERS LPs put more emphasis on co-investments The California Public Employees’ Retirement System, which manages some $300 billion in assets, has hired Mahboob Hossain as a senior portfolio manager to oversee co-investments made alongside private equity fund managers, Joe DeAnda, a […]
David Robbins, a managing director at H.I.G. Bayside Capital, has left the firm, joining a group of managing directors who have departed in the past few years, according to two people with knowledge of the firm.
Canadian firm EdgeStone Capital Partners is restructuring two funds to give existing investors the option of cashing out or rolling their interests into a new vehicle, according to three people with knowledge of the situation.
The State of Wisconsin Investment Board has been reviewing its private equity portfolio in search of inappropriate fees and expenses, according to documents from the pension system.
Brazos Private Equity Partners decided earlier this year not to raise another fund and wind down. At the time, partner Michael Salim said some partners would be splitting off to pursue their own ventures, while continuing to manage out the portfolio. Now comes word that co-founder and co-chief executive Randall Fojtasek has formed a new firm, CenterOak Partners, to pursue control-oriented investments in mid-market companies.
Credit asset manager Golub Capital has hired two lending professionals to help lead an expansion of the firm’s focus into the upper middle market, the firm announced.
Brian Sullivan, a partner at Paul Capital, has left the firm and joined Grosvenor Capital Management to work on its growing private equity team, according to a person with knowledge of the situation and a Paul Capital investor letter.
Solace Capital Partners, a special situations firm launched by former executives of Oaktree Capital, is preparing to hit the market targeting $500 million for its debut vehicle, according to three people with knowledge of the fundraising.
Taking aim at one of the less-traveled areas of private equity, Agriculture Capital Management is targeting $250 million for a debut fund called ACM Permanent Crops.
Crestview Partners, the buyout firm founded by two Goldman Sachs private equity executives in 2004, is closing in on its $3 billion target, according to a person with knowledge of the fundraising.