Chris Witkowsky
Vista Equity Partners has closed its second Foundation Fund, which invests in small and mid-cap software companies, on $1.1 billion, sister publication peHUB reported.
Washington University in St. Louis Investment Management Co. has hired veteran private equity executive Daniel Feder to run its private markets program.
Kristi Craig, former executive with the Small Business Investor Alliance, confirmed a news report that she joined the Georgetown University endowment earlier this month as director of private markets, sister publication peHUB reported.
A new-ish firm has been talking to potential investors about its debut fund, sources told sister publication peHUB.
Massive sovereign wealth fund China Investment Corporation formed a new relationship with The Carlyle Group earlier this year, a person with knowledge of CIC told sister publication peHUB.
The Jordan Company has held a first close on $1.1 billion for The Resolute Fund III, which launched earlier this year targeting $3 billion, according to a person with knowledge of the firm, sister publication peHUB reported.
The European middle-market firm expects to hold a first close on around £500 million for its second fund sometime in November, according to sources familiar with the matter.
Finnish institution The State Pension Fund (VERS), which has about €16 billion of assets under management, is searching for a fund of funds to which it can commit about €100 million to invest in emerging markets private equity managers, according to documents provided to sister publication peHUB by the system.
One of the most sought-after jobs in the LP universe this past summer was the open private equity chief position with Tulane University’s $1 billion endowment, sister publication peHUB reported.
The Blackstone Group has raised a total of $4 billion for its tactical opportunities business after collecting an additional $703 million during the quarter, according to the firm’s quarterly earnings report, and a person with knowledge of the fund, sister publication peHUB reported.