1 — Prices are high, but LPs are still committing massive amounts of capital into private equity. How is Aberdeen handling its commitments in the current price environment? The punchline is: very carefully. We’re trying to be aware of managers who are coming back to market too quickly and raising too much money. What you […]
1 — Tell us about the origins of Frontier Capital and your decision to focus on technology firms outside the major tech centers. When we launched Frontier in 1999, it was right in the middle of the dot-com craze. As a small, first-time fund ($45 million) we saw an opportunity in between venture and more mature […]
PRIVATE EQUITY FIRMS Adams Street Partners, the Chicago private-markets investment firm managing more than $27 billion of assets, effective June 1 named Brijesh Jeevarathnam a partner, co-head of global venture fund investments, and a member of its Primary Investment Team. Jeevarathnam, 41, who joins Adams Street at its Menlo Park, California, office, previously was managing director and […]
As a specialist in governance, risk, compliance and restructurings, Ankura Consulting Group often works with private equity firms. The firm has plenty to offer private equity, especially in certain challenged sectors, according to Kevin Lavin, co-president. “There’s restructuring work that has to be done in sectors such as natural gas, retail, shipping, mining, and parts of […]
They may not have Midtown Manhattan buildings named after them (a la the Stephen A. Schwarzman Building at the New York Public Library), or own a version of Edvard Munch’s pastel, “The Scream,” acquired four years ago for more than $100 million by Leon Black. But Alfred Gantner, Marcel Erni and Urs Wietlisbach, co-founders of Zug, Switzerland-based private markets money […]
Derrick Griffin worked for about nine years on PE at MOSERS Macalester had a 9.3 pct allocation to PE as of June 30, 2015 Joined Macalester in February Derrick Griffin, a former private equity investment officer with Missouri’s state workers’ pension, has joined the Macalester College endowment to run alternatives. Griffin confirmed the role, which […]
Jackie Roberts, chief sustainability officer for The Carlyle Group, says environmental, social and governance concepts touch on four key organizational aspects: customer satisfaction, brand equity, operational efficiency and workforce strength, she said. Roberts helps ensure integration of these concepts across Carlyle’s organization, including within the firm’s portfolio companies, which span the globe. Sustainability continues to grow in […]
Tracy Harris joins StepStone as a managing director To focus on small buyout, growth and venture funds Previously worked in GCM Grosvenor’s Customized Fund Investment Group Tracy Harris, a former executive at GCM Grosvenor, joined StepStone Group to focus on small buyout, growth and venture capital investing, according to an internal memo seen by Buyouts. Harris, […]
Ashley Johansen left Coller in February Johansen joins to organize annual meeting this summer She is focused on marketing, strategy and investor communications Ashley Johansen, former partner in fundraising and investor relations at Coller Capital, joined Irving Place Capital recently on a contract basis, according to a person with knowledge of the situation. Johansen, who is […]
1. How have firms changed their attitudes or approaches toward compliance in the two years since Andrew Bowden’s “sunshine” speech? Let’s say [an SEC] speech comes out next week dealing with — you name it, conflicts of interest with service providers — [GPs] call their lawyers and say, ‘OK, what’s going on? These are the […]