Chris Witkowsky
Mark Regal, former partner in the Credit Suisse Customized Fund Investment Group, now part of Grosvenor Capital Management, has joined family office Briar Hall in Chicago as director of investments.
Limited partner Bethany Woods has joined Harbour Group as a director of corporate development, confirmed Paul Wagman, a spokesman for the firm.
H.I.G. Capital is betting it can find big value in struggling companies in the lower end of the market.
NEO Investimentos, a Brazilian-based GP, is raising its third fund and targeting international limited partners for the first time, according to two people with knowledge of the process, as well as regulatory documents.
Kelso & Co, which is in the market targeting $2.5 billion for its ninth fund, is kicking in a $500 million GP commitment, or 20 percent of the target, according to public documents.
There are more private equity funds in the market this year than ever before. And that has made for a busy summer for some GPs and LPs.
Two executives from Chicago Growth Partners, which decided to stop raising its third fund earlier this year, have raised more than $350 million for investments in rapidly growing companies, a person with knowledge of the plans said.
Sean Holland, co-manager of private equity at the New York State Teachers’ Retirement System, has left the pension fund, John Cardillo, spokesman for the pension system, confirmed.
Apollo Global Management has raised about $1.5 billion for its Credit Opportunity Fund III, which is targeting $2.5 billion for investments primarily in U.S. and European credit.
JPMorgan Chase’s private equity investment group One Equity Partners has finally found a path to spinning out on its own.