Srinivas Pulavarti joins from UCLA Investment Private-market portfolio grew 16.6% from 2016 to 2017 Pulavarti’s ex-colleagues part of Emory team Srinivas “Srini” Pulavarti on July 1 is slated to become CIO of the company that manages a $7 billion investment portfolio, including a $1 billion-plus private-markets program, for Emory University and Emory Healthcare. Emory Investment Co’s […]
Investment banker for aerospace, defense, gov’t services Established M&A advisory arm of strategy consultancy Firm also makes growth equity investments in security Chertoff Group was founded in 2009 by Michael Chertoff, the second secretary of the Department of Homeland Security, to consult with companies on threat management and government contracting. Jason Kaufman, head of the firm’s […]
CalPERS hires Elisabeth Bourqui Succeeds Tollette as chief operating investment officer Will help direct changes in PE, asset allocation: Eliopoulos California Public Employees’ Retirement System hired the former head of ABB Group’s pension-management team to succeed Wylie Tollette as its chief operating investment officer. Elisabeth Bourqui will take over for Tollette on May 14. Her responsibilities will include the day-to-day management and […]
Terrill Sanchez joins the fund Penn. SERS more than doubled its investment returns in 2017 Private equity returns 12.8 pct Terrill Sanchez will join Pennsylvania State Employees’ Retirement System as executive director, succeeding David Durbin, who retired earlier this year. The state employees’ pension has a $4.1 billion private equity portfolio, which accounted for 15.7 percent of its […]
Richard Kim was part of the Goldman crypto team Will join Galaxy Digital, subsidiary of Mike Novogratz’s family office Novogratz bullish on cryptos Ex-Goldman Sachs executive Mike Novogratz has lured Richard Kim from Goldman to head the cryptocurrencies desk at his family office’s subsidiary, Galaxy Digital. Kim spent almost three years at Goldman Sachs in […]
49 pct say emerging markets is greatest opportunity 50 pct cautiously optimistic about achieving long-term target return Trade wars/protectionism greatest threat to global economy Institutional investors see trade wars and protectionism as the greatest risks to global markets, a fresh survey shows. Some 42 percent of respondents fear what seems to be growing insularity in markets […]
Rich joined Lovell Minnick Partners in 2010 Insuretech still an early-stage opportunity Lovell Minnick won’t invest in cryptocurrency Trevor Rich in 2010 joined Lovell Minnick Partners, where he has focused on financial technology. He was promoted to partner in January. Lovell Minnick, Radnor, Pennsylvania, was once known for its asset-management deals but has expanded into business services, specialty finance, […]
Lower middle market investor Diversified portfolio of companies Plans to convert to a multifamily office Bob Levine co-founded the private equity firm Milestone Partners in 1995 after decades of participating in lower-middle-market transactions. In 2010, driven by changes in the regulatory environment including the Dodd-Frank Wall Street Reform and Consumer Protection Act and increased oversight, […]
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Apollo sticks to discipline around deal pricing Rates likely to increase gradually: Black Economy to stay on course with high prices, low rates Leon Black, chairman and chief executive officer of Apollo Global Management, joined us in March for Buyouts Insider’s PartnerConnect East conference in Boston. He talked about the growth of the firm and […]