Chris Witkowsky
Littlejohn & Co has held a final close for its fifth fund at its hard cap of $2 billion, according to a person with knowledge of the fundraising.
ABRY Partners is back in the market to raise its eighth flagship private equity fund, targeting $1.9 billion, according to two limited partners with knowledge of the fundraising.
Christopher Culbertson, an investment director at the Davidson College Endowment, has joined Verger Capital Management to focus on asset allocation and manager due diligence, according to the endowment’s website.
Prudential Financial has further expanded its private equity team run by Susan Garrett, bringing on Robyn Sacks Slutzky as a vice president focusing on fund and co-investments, according to two market sources, as well as Slutzky’s LinkedIn profile.
Harvard Management Co President and Chief Executive Officer Jane Mendillo intends to step down at the end of the year, potentially paving the way for someone friendlier to private equity to take her place.
Charlesbank Capital Partners is back in the market raising its eighth fund with a $1.5 billion target, according to a person with knowledge of the fundraising, as well as public documents from the Massachusetts Pension Reserves Investment Management Board.
Insight Equity Partners has lost its director of investor relations as it works to hit its $750 million target on its third vehicle, which has been in the market for more than a year, according to two people with knowledge of the situation, as well as an internal email.
The State of Wisconsin Investment Board oversees a legacy private equity portfolio that was valued at about $203 million as of Dec. 31 that it is looking to sell off, according to public documents from the pension system.
The Teacher Retirement System of Texas invested about $2.4 billion in private equity in 2013, including $830 million in primary fund commitments and $95 million to emerging managers, according to a summary of the investment activity from the pension system.
Five primary commitments totaled $830 million LP also committed $1.2 billion to KKR, Apollo System has had some personnel changes The Teacher Retirement System of Texas invested about $2.4 billion in private equity in 2013, including $830 million in primary fund commitments and $95 million to emerging managers, according to a summary of the investment […]