piotrk

Aurora Capital, the Los Angeles-based buyout shop with about $2 billion under management, is preparing now to raise its latest fund, a source told sister Web site peHub. The firm became embroiled earlier this year in the California Public Employees’ Retirement System pay-to-play scandal when investment staff told auditors that former pension CEO Federico Buenrostro […]

The Employee Retirement System of Texas, the state pension with roughly $22 billion in assets under management and nearly 200,000 active and retired members, has picked Wesley W. Gipson to serve as its new director of private equity, sister Web site peHub learned from multiple sources. ERS of Texas declined to comment for this story. […]

Several dozen members of the California Public Employees’ Retirement System investment staff apparently are facing disciplinary action and fines from the state’s Fair Political Practices Commission, sister Web site peHub has learned. The potential fines are the latest in a series of damaging revelations regarding the pension fund’s disclosure of financial statements and relationships with […]

Providence Equity Partners’ chief operating officer is no longer with the buyout shop, less than three years into his new role, sister Web site peHub has learned. The Providence, R.I.-based shop confirmed the report in a statement. “We appreciate Gary’s contributions to the firm over the last three years, and we wish him well in […]

Firm: Arsenal Capital Fund: Arsenal Capital Partners III LP Target: More than $500 million New York-based Arsenal Capital is expected to begin marketing its third fund later this year. After reeling in a pair of oversubscribed funds since its founding in 2000, and generating positive returns on both, Arsenal is likely to raise far more […]

Firm: Chatham Capital Fund: Chatham Capital Partners IV LP Amount: $400 million Just because fundraising season is back on for some of the biggest names in private equity, it doesn’t mean mezz lenders are getting left out in the cold in these heady times. Chatham Capital Partners Inc., the Georgia-based mezzanine lender, will raise up […]

Firm: Insight Venture Partners Fund: Insight Venture Partners Fund VII Target: $1.5 billion Fund: Insight Ventures Coinvestment Fund II Target: $450 million Insight Venture Partners has set up two funds with about $2 billion to manage, marking the latest in a rapid series of announcements from investors of billion-dollar fundraising totals as the industry as […]

Firm: Insight Venture Partners Fund: Insight Venture Partners Fund VII Target: $1.5 billion Fund: Insight Ventures Coinvestment Fund II Target: $450 million Insight Venture Partners has set up two funds with about $2 billion to manage, marking the latest in a rapid series of announcements from investors of billion-dollar fundraising totals as the industry as […]

The state of California has no shortage of financial woes, but returns for its two biggest public pension systems are back to levels not seen since the 2008 economic implosion. Indeed, in quick succession, the $146.4 billion California State Teachers’ Retirement System and the $225.7 billion California Public Employees’ Retirement System reported meaningful gains in […]

Target: Databank IMX Price: Undisclosed Sponsor: Svoboda Capital Partners Seller: Databank IMX Management Svoboda Capital Partners has invested in Databank IMX through its second fund and the private equity firm is planning to make additional acquisitions to support the company, which provides document scanning and management services. Already, Svoboda Capital has big plans for its […]