The firm has merged its London-based credit arm CVC Cordatus with New York-based Apidos Capital Management. The new entity, CVC Credit Partners, will manage $7.5bn of credit assets in the US and Europe.
2 min read · 14 January 2013
The Boston-based firm has closed its eighth growth fund after nine months on the market, and also closed its third venture fund on $520m.
2 min read · 14 January 2013
The $31bn retirement system is in the process of developing its private equity portfolio, with only 0.2% of its assets committed to the strategy on a 3% target.
1 min read · 14 January 2013
The $31bn retirement system is in the process of developing its private equity portfolio, with only 0.2% of its assets committed to the strategy on a 3% target.
1 min read · 14 January 2013
The $31bn retirement system is in the process of developing its private equity portfolio, with only 0.2% of its assets committed to the strategy on a 3% target.
1 min read · 14 January 2013
Elaine Chan has left the foundation to join the investment office of The Johnson Company, following well-known LP Rick Slocum, who left Robert Wood Johnson in August to become CIO of the family office.
1 min read · 15 January 2013
The firm has kept its limited partners updated on the situation with its CEO Daniel Mudd, who has taken a leave of absence amid SEC allegations, even though Mudd was not a ‘key man’ in the firm’s private equity funds.
3 min read · 15 January 2013
After two years of significantly lower commitment levels to alternative investments, the pensions system ramped up its commitment pace this year to about $1.8bn as of 30 September, and has chosen managers like Blackstone, GSO and Oaktree.
2 min read · 15 January 2013
The distressed investment-focused firm has formed a $300m customised account with New Jersey’s $68bn state pension system to take advantage of the huge need for financing in the mid-market.
3 min read · 15 January 2013
Knock-out return for The California Public Employees’ Retirement System’s (CalPERS) from its original $500m commitment to GI Partners Fund I.
2 min read · 15 January 2013