Eamon Murphy
Fund has raised $640 mln since 2014, seeking more from pensions Founded by ex-KKR partners Perry Golkin and Michael Tokarz LP-friendly features include Board of Investors, 10 pct GP profit share Public Pension Capital is looking for investors to up their allocations to its evergreen-structured fund, a document from the Minnesota State Board of Investment […]
55 pct say current PE market feels like top of cycle Dry powder pileup threatens returns but alternatives to PE lacking LPs seeking an advantage are drawn to industry funds Middle-market buyouts in North America and Europe remain the most popular options among LPs, with interest in emerging markets and venture capital decreasing, a survey of institutional investment professionals […]
55 pct say current PE market feels like top of cycle Dry powder pileup threatens returns but alternatives to PE lacking LPs seeking an advantage are drawn to industry funds Middle-market buyouts in North America and Europe remain the most popular options among LPs, with interest in emerging markets and venture capital decreasing, a survey of institutional investment professionals […]
Bhandari was senior director at WL Ross until October Fatally bitten while surfacing from a dive Previously with PineBridge Investments, Credit Suisse Rohina Bhandari, until recently a senior director at private equity firm WL Ross & Co, was killed by a shark while scuba diving off the coast of Costa Rica, the firm confirmed. “We were […]
Founded separate-accounts firm focused on EMs Spun out after 10 years with team at CS, GCM Aims to connect first-time funds, fundless sponsors with capital In 2003, when she was studying at Harvard Business School, Mina Pacheco Nazemi attended a conference where she met the head of private equity at CalPERS, also a Harvard alum. “I’m interested in what […]
Related co-investment vehicle brings total to $1.03 bln Includes $28.2 mln GP commitment Firm invests in U.S. mid-market financial services Lightyear Capital has raised more than $957 million for its fourth flagship fund, an SEC filing shows. According to the Wall Street Journal, that figure represents a final close, reached several weeks ago, on Lightyear Fund IV, which was […]
Nearly doubles the total raised for Fund II GP has contributed at least 10 pct to each of its funds Firm sees opportunity in media/tech connected to ads Clarion Capital Partners closed its third fund at $427 million, just above the hard cap, according to people with knowledge of the process. Fundraising took less than three […]
Works with GPs to value firms for succession planning Future funds, eventual performance of investments taken into account Incentive compensation for younger partners a popular option With more PE firms facing the challenge of transferring power from aging founders to partners in their prime, the question of how to value management companies is coming to the fore. […]
Amid strong public markets, family offices move away from hedge funds Appetite growing for PE, especially direct investment Shift from wealth preservation to wealth accumulation altering strategies PE funds are the most popular alternative investment among family offices, but direct investing is increasingly giving them a run for their money, a report by iCapital Network shows. The […]
Amid strong public markets, family offices move away from hedge funds Appetite growing for PE, especially direct investment Shift from wealth preservation to wealth accumulation altering strategies PE funds are the most popular alternative investment among family offices, but direct investing is increasingly giving them a run for their money, a report by iCapital Network shows. […]