Chris Witkowsky

McIntire: carried interest info doesn’t belong in annual financial reports Terms and conditions shouldn’t be public, he says More transparency may be inevitable Information about a general partner’s carried interest doesn’t belong in the state pension’s annual financial statement, according to James McIntire, Washington’s state treasurer, who gave a keynote address at the Buyouts Chicago conference on June […]

McIntire: carried interest info doesn’t belong in annual financial reports Terms and conditions shouldn’t be public, he says More transparency may be inevitable Information about a general partner’s carried interest doesn’t belong in the state pension’s annual financial statement, according to James McIntire, Washington’s state treasurer, who gave a keynote address at the Buyouts Chicago […]

If you’re a GP, you might be somewhat worried by recent word out of California that a certain pension is cutting back its private equity exposure. After all, the California Public Employees’ Retirement System is the LP bellwether, right? And as it goes, so does the rest of public pension, USA. I’m here to tell […]

Not clear why Brice left Three people have moved into leadership role Brice named president in 2008 John Brice, president and chief investment officer of CarVal Investors, left the firm, Ann Folkman, managing director at CarVal, confirmed to Buyouts Tuesday. Why Brice left is unclear. His last day was June 20, Folkman said. He joined […]

Fund IV targets $350 mln Firm’s first dollar-denominated fund Firm is a strategic partner with CD&R Principle Capital, a Shanghai, China, firm that partners with Clayton Dubilier & Rice, hit a first close on its fourth fund on almost $200 million, according to sources with knowledge of the situation. Principle Capital Fund IV is targeting $350 […]

To the outside world, Vista Equity Partners has always been about Chief Executive Officer Robert Smith. He is the face of and the driving force behind the firm, which has risen quickly into elite status. And so it’s fitting that in past funds Robert Smith has been the hinge on which key-man provisions get triggered. Should he […]

Former Pinebridge secondaries head Lambert joins Altamar Will open and run New York office for Madrid firm Altamar makes primary, secondary and co-investments Harvey Lambert, former head of secondaries at Pinebridge, is joining Madrid-based Altamar Capital Partners to open a New York office and help expand the firm’s presence in the United States. He left Pinebridge in […]

CalPERS board member calls for more transparency around PE Board president satisfied with level of PE disclosure on fee fight CalPERS pushes GP on more disclosure JJ Jelincic, a CalPERS director and outspoken critic of private equity, said the board should have been informed of a heated fee dispute that took place around year-end between pension staff and Thomas […]

CalPERS board member calls for more transparency around PE Board president satisfied with level of PE disclosure on fee fight CalPERS pushes GP on more disclosure JJ Jelincic, a CalPERS director and outspoken critic of private equity, said the board should have been informed of a heated fee dispute that took place around year-end between pension staff […]

Our cover story gives us a great example of why private equity limited-partner agreements, at the very least headline terms and conditions, should be public. I reported a previously undisclosed dispute between California Public Employees’ Retirement System and Thomas H. Lee Partners over interpretation of language in the LPAs for Funds V and VI. The disagreement centers on accelerated […]