David Toll

Mercer Investment Management Inc. is more than halfway to its $150 million offering amount on its latest private equity fund, according to a Form D filed with the Securities and Exchange Commission.

An official in the enforcement division of the Securities and Exchange Commission said last month that the agency has its eye on several industry practices that could disadvantage investors, such as the charging of deal fees and the cherry-picking of deals.

TIAA-CREF is hardly a newcomer to private equity. But a 25-person start-up operating under the umbrella of the giant insurance company—Covariance Capital Management Inc.—is.

A recent client presentation provides insights into how advisory giant Hamilton Lane outperforms the public equity markets, such as by staying flexible in the face of changing market conditions. It also illustrates some of the challenges trying to keep data confidential in the Internet age. Fresno County Employees Retirement Association, for whom the presentation was […]

A recent client presentation provides insights into how advisory giant Hamilton Lane outperforms the public equity markets, such as by staying flexible in the face of changing market conditions.

Big investors can save major money on management fees and carried interest by skipping limited partnerships, and investing directly in private companies. But after taking into account the considerable costs of doing so, are investors truly better off on their own?

Did you enjoy a generous bonus for your performance in 2011? Look to do at least as well this year.

The buyout market is doing its part to ease the nation’s unemployment rate—at least judging from its own staffing plans. According to a survey of North American private equity firms conducted this spring and summer, more than half of buyout and growth equity firms (61 percent) had planned to hire investment professionals into analyst, associate […]

Trivest Partners, the Miami shop that provides an S-class Mercedes Benz to brokers who bring it platform deals, has closed its fifth and largest buyout fund at $415 million after a four-month fundraise, finishing well above the $325 million target. A source close to the fund said that, despite the crowded fundraising market, the firm “had interest well in excess” of the amount it took in for Trivest Fund V LP.

You don’t need a bulldozer to unearth success stories involving job creation in the small business investment company program, through which the government provides low-cost debt financing to mezzanine firms and buyout shops. But though ostensibly in need of promoting such stories, President Barack Obama didn’t mention the SBIC program or the Small Business Administration that administers it in accepting the Democratic nomination for president earlier this month.