Sam Sutton
Infra investors must consider new technologies Ardian invests heavily in tech across infra platform “The thing you built today may not be the thing you build way out into the future”: GP A lot can change over the life of a 10-year investment fund. The general partner of an infrastructure vehicle launched in early 2008 […]
Welsh Carson closed previous fund on $3.3 bln in 2016 Fund XIII to pursue deals in healthcare, tech companies Fund XII netting 20 pct IRR Welsh, Carson, Anderson & Stowe is back on the market with its 13th fund targeting $3.75 billion, according to LP documents obtained by Buyouts. As with its previous fund, WCAS […]
Michigan inks two commitments with Axiom Asia Retirement system also backs two new VC funds raised by Khosla Michigan PE portfolio valued at roughly $11 bln State of Michigan Retirement Systems committed $335 million to private equity and venture capital funds, according to a recent investment report. Michigan split $100 million across a pair of […]
Drew Maloney comes to AIC from Treasury Congress weighs changes that could affect oversight of foreign, non-control investments Maloney also plans to boost AIC’s membership Incoming American Investment Council President and CEO Drew Maloney expects the early days of his tenure to be marked by proposed changes to the Committee on Foreign Investment in the U.S. and […]
New fund to raise $200 mln from LPs, $150 mln from the Small Business Administration Fund IX will mark RFE’s first SBIC fund since its 1998 vintage RFE is led by Jim Parsons and Michael Foster RFE Investment Partners set a $300 million target for its ninth flagship fund fund, which the firm plans to […]
Board approved exploring direct investments last month PE program would continue to invest in funds, emerging managers Major questions around governance, outside board remain California Public Employees’ Retirement System’s board expressed cautious optimism on the prospects of a new private equity investment model its staff introduced to the public last month. The plan, CalPERS Direct, […]
Why is this important: Connecticut mulling commitment up to $50 mln to Balance Point III Balance Point Partner Sauerteig moving to advisory role Firm will add third partner to sit on investment committee Balance Point Capital is targeting $300 million with a $400 million hard cap for its third flagship fund, as one of its […]
Lance Sauerteig to step down at some point in next two years, to stay on as advisor Firm is targeting $300 mln with a $400 mln hard cap Fund II netting an 18.1 pct IRR Balance Point Capital is targeting $300 million with a $400 million hard cap for its third flagship fund, as one […]
AUM: $109 billion Assets in PE and debt: $8.4 billion Why is this important: The board seeks opportunities, noting that deal prices are around historic highs State of Wisconsin Retirement Board is looking for opportunities to commit to restructuring or distressed-for-control funds, according to its June 12-13 meeting materials. The board, which manages the state public-pension fund’s $109 […]
Wisconsin to back restructuring and distressed funds $109 bln system backed Sterling Group, Glendon vehicles last year PE portfolio valued at $8.4 bln State of Wisconsin Retirement Board is looking for opportunities to commit to restructuring or distressed-for-control funds, according to its June 12-13 meeting materials. The board, which manages the state public-pension fund’s $109 billion […]