Green was an LP for Oregon State Treasury He previously was at Washington State Investment Board Russell Investments has been building private-markets team Sam Green, a former limited partner with the Oregon State Treasury, joined Russell Investments as a private market analyst. Green joined in April, a spokesman for Russell confirmed. He is part of […]
Software firm provides expense allocation product to managers Automatic invoice processing, with outputs to accounting team Expense allocation a continuing SEC enforcement priority When the SEC’s Office of Compliance Inspections and Examinations released its priorities for 2018, the agency made clear it intended to continue scrutinizing fees and expenses charged by private-fund managers. That’s been an […]
As you may know, we love to track new-firm formation here at Buyouts. We did a big project last year trying to capture as many of the new firms that were getting attention from limited partners as possible. This year apparently has not seen a slowdown in the pace of this type of activity. While […]
PRIVATE EQUITY FIRMS Angeles Equity Partners: Martin Mumford joined as an operating partner and Jarret Rutstein as an associate. Antares Capital appointed Timothy Lyne senior managing director and co-head of sponsor coverage. Vivek Mathew was named head of asset management and funding. Blackstone named Yan Yan a managing director for the real estate team in Asia. She previously was president, chief financial officer and chief operating officer at SOHO […]
Kerry to focus on renewable energy opportunities Rise Fund has two energy-related investments Numerous pension funds have invested in the Fund TPG’s impact-investing group hired former Secretary of State John Kerry as senior adviser for its renewable-energy portfolio. Kerry will “help develop and advance broad strategy goals, work with portfolio companies, and help develop investment opportunities,” Rise […]
Bethke joined APG AM in 2013 Joins growing PE team at Mousse Last year Mousse hired ex-Carlyle exec Parker Hayden Megan Bethke, a former PE LP at APG Asset Management, joined Mousse Partners, a family office and prolific venture investor. Bethke joined Mousse in April, her LinkedIn profile shows. She’d been a senior portfolio manager in private equity […]
Remains on investment committee for second fund Launched Twin Brook in 2014 with Trevor Clark Duo helped co-found Madison Capital in 2001 Chris Williams, a partner at Twin Brook Capital Partners, has taken an “indefinite leave of absence” from the middle-market lender, according to a March 12 letter sent to investors. Williams, along with Partner Trevor Clark, […]
FO competition with PE firms: an overrated story Focus: financial services, consumer, media and business services Alignment/misalignment “natural screening mechanism” Patrick McCloskey is founder and managing partner of Aeterna Capital Partners and represents the interests of a European multigenerational family. The firm, set up in the U.S. in 2013, focuses on lower-middle-market companies and structured […]
PSERS follows strategy pursued by other pensions PE portfolio valued $4 bln Will focus investments on Fund IV and above Pennsylvania State Employees’ Retirement System is following a strategy employed by other U.S. public pensions, aiming to shrink the number of relationships in its private equity portfolio and concentrate larger checks to fewer GPs this year. […]
Private equity will continue robust “What is the worst-case scenario?” helps guide investments Invests in healthcare, energy, ride-sharing, AI Christopher Zook is chairman of CAZ Investments, a Texas multifamily office. He previously managed portfolios for wealthy individuals and institutions at Zook Group, part of CIBC Oppenheimer. Zook started CAZ Investments with a capital pool from Texas […]