Lawrence Aragon
Carmen GigliottiRole: Managing Director, Private Markets GroupInstitution: DuPont Capital ManagementAssets Under Management: $20 billion; $4 billion in private markets groupOffice: Wilmington, DelawareStaff: 58 investment professionals; 8 in private markets group
PR pros are succumbing to the lure of launching their own firms, leading to new business opportunities for investment bankers and other service providers
News briefs about LPs in West Virginia and Louisiana
UK-based fund-of-funds manager SL Capital Partners intends to commit $50 million to $75 million per year in the United States over the next couple of years, said Jamie Ebersole, senior investment director in the firm’s Boston office. That yearly commitment amount will likely be divvied up among three to six general partners. The firm currently […]
UK-based fund-of-funds manager SL Capital Partners intends to commit $50 million to $75 million per year in the United States over the next couple of years, said Jamie Ebersole, senior investment director in the firm’s Boston office. That yearly commitment amount will likely be divvied up among three to six general partners. The firm currently […]
Times may be tough, but Institutional investors continue to search for new firms to replenish their alternative asset investment portfolios. U.S.-based emerging managers—loosely defined as buyout, distressed and growth equity firms raising their first or second fund—raised approximately $7 billion in the first half of 2010, or more than a fourth (25.5 percent) of the […]
How important was the Volcker rule in your decision to go independent from Bank of America? We’ve been talking to the bank for at least three years about re-positioning the business for third-party capital. As we came to a consensus with the bank three years ago, the markets really contracted, so clearly that wasn’t the […]
David BerchenbriterPartner, BerchWood Partners
Kohlberg Kravis & Roberts & Co. and The Blackstone Group may own the headlines for sponsoring the biggest buyouts. But a bevy of new LBO firms have quietly formed in recent years, buying and selling small and medium-size companies in less-traveled regions of the country.
The $23 billion Arizona State Retirement System, a relative newcomer to the private equity asset class, has made a handful of commitments recently and expects to make several more soon, as it builds its way toward a target allocation of 7 percent. As of March 5, the actual private equity allocation stood at 1.6 percent. […]