Chris Witkowsky

For the most sought-after private equity funds on the secondary market raised in the past few years, pricing has risen into premium levels, according to a new pricing study from secondaries intermediary Setter Capital.

New York City Comptroller Scott Stringer recently hired Scott Evans, a 27-year veteran of the Teachers Insurance and Annuity of America-College Retirement Equities Fund as chief investment officer at an annual salary of $224,000. While a nice salary relative to conventional white-collar jobs, the compensation is not competitive compared to the private financial sector.

Crescent Capital Group has collected about 239 million euros ($326 million) in commitments for its debut Crescent European Specialty Lending Fund, according to a person with knowledge of the fundraising.

A lengthy fundraising may be coming to an end. BV Investment Partners, which was founded in 1983 as Boston Ventures and re-branded in 2010, has collected $262 million for its eighth fund. Fund VIII has been in the market since 2012 targeting $400 million.

The CapStreet Group held open its fourth buyout fund to accommodate a last minute, existing limited partner from its prior fund, according to George Kelly, the firm’s chairman and chief executive.

Volkert Doeksen, the chairman and managing director of The Carlyle Group’s private equity fund of funds, AlpInvest Partners, has been transferring day to day management responsibilities to other executives at the group over the past two years.

ProA Capital de Inversiones, a Madrid-based firm formed in 2007, is back in the market targeting 325 million euros ($442 million) for its second fund, according to a person with knowledge of the fundraising.

The Pennsylvania Public School Employees’ Retirement System has removed documents for about 150 alternative investments from a website accessible to the public, in order to comply with confidentiality requests from managers.

Contracts for investments made prior to 2012 PSERS still will post some data on funds Blog publicized 12 limited partner agreements The Pennsylvania Public School Employees’ Retirement System has removed documents for about 150 alternative investments from a website accessible to the public, in order to comply with confidentiality requests from managers. PSERS, a pension […]

The Pennsylvania Public School Employees’ Retirement System is choosing secrecy over transparency for its private equity program.