Chris Witkowsky

Andrew Kripke, a former executive at Caspian Private Equity, has joined the Abu Dhabi Investment Authority as a portfolio manager in the U.S. fund investments business, an ADIA representative confirmed.

Riverwood Capital has raised about $1 billion for its second fund, already hitting its target as the firm now eyes its $1.25 billion hard cap, according to three people with knowledge of the situation.

The Carlyle Group is not worried about the increasing pressure by the U.S. Securities and Exchange Commission on the private equity industry around fees and expenses.

Despite recent volatility in some developing regions, limited partner investors view emerging markets as an essential part of their private equity portfolios, according to a new survey by the Emerging Markets Private Equity Association.

Global investment management firm AllianceBernstein has formed a private credit platform that will help the firm move into mid-market lending, the firm announced.

The CapStreet Group has held a final close on $325 million, the hard cap, for its fourth fund, George Kelly, the firm’s chairman and chief executive officer, confirmed.

Riverstone Holdings, which just last year closed its first fund independent of The Carlyle Group on $7.7 billion, is out talking to limited partners about its next flagship vehicle, according to three people with knowledge of the situation.

The New York State Teachers’ Retirement System committed $460 million to private equity and venture capital in the first quarter, according to a commitment summary from the system.

The Massachusetts Mutual Life Insurance Co. is close to wrapping up a deal to sell an estimated $250 million portfolio weighted toward mid- market buyout funds, according to two people with knowledge of the situation.

The Canada Pension Plan Investment Board has become something of a white knight for a few private equity managers with aging funds they can’t seem to close.