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In 2006, David Rogers left his job as the head of the private equity group at Ontario Municipal Employees Retirement System to pursue a long-cherished ambition. The result was Caledon Capital Management, a Canadian portfolio management and advisory firm that provides institutional investors with new ways of accessing private equity and infrastructure. Seven years on, Caledon has emerged as a major player on the global institutional LP landscape, overseeing client assets of more than $5 billion.

Veteran energy firm First Reserve has closed its 13th flagship fund on $3.4 billion, well below its original target of $6 billion and its reduced $5 billion goal.

The $227 billion Canada Pension Plan Investment Board (CPPIB) expects to invest more in private equity funds this year as the pension system faces a challenging environment for returns and high purchase price multiples in the deal market. André Bourbonnais, senior managing director and global head of private investments, said CPPIB is trending between $4.5 billion to $5 billion in private equity investments this year with commitments to 12 to 15 funds, including a mix of new and existing managers in both developed and emerging markets.

Imperial Capital Group has invested in MRO Corp, a U.S. disclosure management and health information exchange. The Toronto-based mid-market private equity firm has of late found particular success in the North American healthcare industry. In fact, MRO is the firm’s sixth investment in this space in the last six years, and its fourth since early 2013.

Two students at the University of Michigan’s Ross School of Business have started the school’s first private equity club to strengthen the relationship between students interested in the industry and professionals.

Carlyle Group used ‘smart chips’ implanted in name badges to track limited partners at its annual meeting earlier this month to get a better sense of investors' preferences for the firm's many products.

Platinum Equity has put Ranger Boats up for sale, three sources said.

Blackstone President and COO Hamilton “Tony” James said he is not surprised that a recent dog abuse case spurred a national outcry against a private equity firm and its portfolio company.

Hellman & Friedman Capital Partners VIII is essentially done fundraising and oversubscribed by “several billion dollars,” according to three limited partners.

The California Public Employees’ Retirement System, which manages some $300 billion in assets, has hired Mahboob Hossain as a senior portfolio manager to oversee co-investments made alongside private equity fund managers.