Lawrence Aragon

Firm: WestView Capital Partners Fund: WestView Capital Partners II Target: $300 million Amount Raised: $325 million Placement Agent: Probitas Partners Boston-based buyout shop and emerging manager WestView Capital Partners has hit its hard cap of $325 million for its second fund, handily surpassing its $300 million target after little more than a year of fundraising. […]

TRS of Texas likely to go after FoFs The $82 billion Teacher Retirement System of Texas intends to commit roughly $2.5 billion to private equity in the coming year and much of that will be channeled through funds-of-funds. The limited partner has not yet finalized which sub-strategies it will target, but one recent pledge of […]

TRS of Texas likely to go after FoFs

The $82 billion Teacher Retirement System of Texas intends to commit roughly $2.5 billion to private equity in the coming year, and if past is prologue much of that will be channeled through funds of funds. The limited partner has not yet finalized which sub-strategies it will target, but one recent pledge of $100 million […]

Alarm bells should have been clanging in October 2006 when Deutsche Bank was negotiating to acquire a 45 percent stake in Aldus Equity, attracted by its blue-chip roster of pension fund clients, including the New York State Common Retirement Fund and two large New Mexico institutional investors. Early that month, four Aldus Equity partners, Richard […]

Guardian Life Insurance Company of America is in the third year of its five-year private equity program, and the limited partner has lots more to spend. The LP’s program calls for it to invest $200 million each year to the asset class. David Turner, managing director and head of private equity, explained that besides having […]

Four More To Play Nice New York Attorney General Andrew Cuomo announced in Sept. 18 that four more private equity firms have pledged to his “Code of Conduct. Access Capital Partners, Falconhead Capital LLC, HM Capital Partners, and Levine Leichtman Capital Partners have pledged not to hire placement agents to help them raise money from […]

Marcellus Taylor, who earlier this year was named in a civil suit filed by the New York State Comptroller, has acquired Chicago-based United Investment Managers, a fund of funds earmarked for commitments to emerging managers. Until August 2007, Taylor worked as a partner at Aldus Equity, a Dallas-based advisory firm. This spring, New York State […]

3i Group shares dropped more than 3 percent after the firm said that disposals made over the past five months were at around the same value as previously assumed. Banco Bradesco of Brazil and Banco Espírito Santo of Portugal have formed 2bCapital, a new private equity fund manager that will operate in Brazil. Each bank […]

Marcellus Taylor, who earlier this year was named in a civil suit filed by the New York State Comptroller, has acquired Chicago-based United Investment Managers, a fund of funds earmarked for commitments to emerging managers. Until August 2007, Taylor worked as a partner at Aldus Equity, a Dallas-based advisory firm. This spring, New York State […]