Chris Witkowsky

Andrei Brougham joined Greenhill Cogent in 2009 Brougham left in November Not clear if he is taking a job elsewhere Andrei Brougham, a vice president with Greenhill Cogent, has quietly left the firm, according to a source. Brougham’s LinkedIn profile said he worked at Greenhill Cogent from July 2009 to November 2015. He started as […]

Fund VIII LPs sell $150 mln to $500 mln worth of stakes Ardian offered LPs 100 pct of NAV as of December 31, 2014 Cap on the tender offer was $1 bln Kelso & Co completed a tender offer for its eighth fund with between $150 million to $500 million of limited partner interests sold to […]

True Wind collects more than $200 mln Targets $400 mln for debut fund Terms are 2 and 20 True Wind Capital, a tech-focused firm launched by two former Kohlberg Kravis Roberts executives, has raised more than $200 million of the $400 million it seeks for its debut fund, according to two limited partners with knowledge of the […]

Tennenbaum closes special situations fund on $730 mln Held an interim close on $307 mln a year ago Fund will target challenging situations Tennenbaum Capital Partners, a credit-focused shop that keeps a low profile, closed a special situations fund on $730 million in December, according to a limited partner with knowledge of the fundraising. Tennenbaum […]

Sherwood Dodge replaces former PE head Jim Kester Appointment is effective immediately Dodge worked in various senior roles at GE Capital The Abu Dhabi Investment Authority, one of the world’s biggest sovereign wealth funds with an estimated $770 billion of total assets, hired a former senior executive from GE Capital as global head of private […]

Blackstone’s secondary group takes 20 pct stake in Wazee Street IV Wazee Street IV targets $200 mln Fund features European-style waterfall distribution structure Blackstone Group’s secondaries unit has made an anchor investment in a new distressed debt fund being raised by Wazee Street Capital Management, according to a source familiar with the deal. Blackstone’s Strategic Partners Group, […]

Sherwood Dodge replaces former PE head Jim Kester Appointment is effective immediately Dodge worked in various senior roles at GE Capital The Abu Dhabi Investment Authority, one of the world’s biggest sovereign wealth funds with an estimated $770 billion of total assets, hired a former senior executive from GE Capital as global head of private equity. Sherwood Dodge, […]

Alex Doñé will lead PE, RE and infrastructure portfolios Promoted to lead private equity in 2014 Works with Eneasz Kadziela on private equity The New York City Comptroller promoted the head of private equity for the retirement system, Alex Doñé, to lead the private markets portfolio that includes PE, real estate and infrastructure, a spokesman said. Doñé’s […]

One of the wish-list items held dear by most limited partners is for GPs to offer European-style waterfall distribution models on their funds. Traditionally, this has not been something offered by most U.S.-based buyout shops. Instead, they prefer to collect carried interest after each exit (after meeting a return hurdle). That appears to be changing. […]

Lauren Lenfest to leave her role on February 5 System describes departure as retirement Promoted to sole alternatives head in 2011 Lauren Lenfest, the head of private equity at the Pennsylvania State Employees’ Retirement System, will leave the pension on February 5, a spokeswoman confirmed. PA SERS, with about $26.5 billion in total assets, hasn’t […]