Chris Witkowsky

Carlyle is reportedly targeting $2 bln for fourth Strategic Partners fund: report Raised $576 mln from external investors More than $700 mln including employee contributions Carlyle Group has raised more than $700 million for its fourth distressed-investment fund, already matching the total raised for the predecessor vehicle. It’s not clear how much Fund IV is […]

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 […]

The consensus regarding the arrest and charging of former Park Hill Group executive Andrew Caspersen is that the situation is not good for the private equity secondaries business.  While a few sources made the point that one bad actor doesn’t implicate an entire industry, several secondary market sources say it’s especially bad for secondaries. This is because this niche strategy, in an […]

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 […]

First Reserve hires Lazard to run secondaries processes for two older funds Firm considers restructuring Fund XI Proposes raising annex fund to support Fund XII portfolio companies First Reserve is considering options to give existing limited partners in one of its older funds the chance to cash out as well as provide fresh capital for […]

Andrew Weinberg left Lindsay Goldberg last year Formed Brightstar Capital to invest in middle market Target on debut fund not clear Andrew Weinberg, a longtime partner at Lindsay Goldberg who left last year, is in the market raising the debut fund for his new firm, Brightstar Capital Partners, according to a limited partner who has heard […]

David Enriquez spent four years in M&A at Rothschild Also worked at Merrill Lynch Not clear whether Enriquez has private equity experience The New York City Comptroller’s office hired former investment banker J. David Enriquez as a senior investment officer on the private equity team, spokesman Eric Sumberg confirmed. Update: The Comptroller also hired Jose Guzman as […]

Michal Gladys joined Calpers in 2009 Worked primarily in private equity Left system for new opportunities Michal Gladys, a private equity investment official at California Public Employees’ Retirement System, resigned April 4, Gladys confirmed for Buyouts. Gladys, 39, said he had been thinking of leaving the system for a while. He said he is ready to […]

Firm: Kline Hill Partners Amount Raised: $64.4 mln Target: $120 mln Hard Cap: $180 mln A new manager raising a fund to pluck the low-hanging fruit of small secondary stakes overlooked by bigger players held a first close last month on $64.4 million, according to a person with knowledge of the fundraising. Kline Hill Partners, formed […]