Chris Witkowsky

Former Paul Capital exec Sullivan is expanding secondaries team Plans to hire a vice president of secondaries Grosvenor has existing secondaries practice Grosvenor Capital Management, which last year brought on a former Paul Capital executive, is expanding its capabilities around secondaries investments, according to a source and a spokesman for Grosvenor. Brian Sullivan, former partner at […]

Hines ran emerging managers since last year Sylvia Bell is interim head of emerging managers Emerging manager program has committed over $2 bln Cheryl Lynette Hines, who joined the Teacher Retirement System of Texas last year to run its emerging manager investment program, has left TRS, a spokeswoman for the pension system confirmed. Hines left to […]

Lauren Dillard named head of Solutions Group Jacques Chappuis steps back into advisory role AlpInvest pulled two funds off market this year Carlyle Group announced Tuesday the head of its Solutions Group, Jacques Chappuis, stepped back into a senior advisor role after leading the group since early 2013. Chappuis is being replaced by Lauren Dillard, […]

MassPRIM commits up to $300 mln to Advent’s eighth fund System pledges $60 mln to Thoma Bravo debut middle-market fund Committed $100 mln to Lovell Minnick earlier this year The Massachusetts Pension Reserves Investment Management Board committed up to $360 million to Advent Internationaland Thoma Bravo at its investment meeting December 1, according to board meeting materials. The system, which […]

MassPRIM commits up to $300 mln to Advent’s eighth fund System pledges $60 mln to Thoma Bravo debut middle-market fund Committed $100 mln to Lovell Minnick earlier this year The Massachusetts Pension Reserves Investment Management Board committed up to $360 million to Advent International and Thoma Bravo at its investment meeting December 1, according to […]

Peony Keve left in late November System searching for her replacement Keve worked at MassPRIM for seven years Peony Keve, an investment officer in private equity at the Massachusetts Pension Reserves Investment Management Board, left the system, a spokeswoman confirmed. Keve’s last day was November 27 and MassPRIM is searching for someone to replace her, […]

Side letters have become widespread in PE Bain allows only necessary legal, regulatory terms Third Asia fund closed this month on $3 bln Bain Capital took advantage of the popularity of its third Asia fund, recently closed at its $3 billion hard cap, to limit what investors could put into side letters. The firm has done this before with its Asia funds. […]

Firm: Searchlight Capital Partners Fund: Searchlight Capital II, L.P. Target: $1.5 bln Hard cap: $1.8 bln Amount Raised: $1.9 bln Placement Agent: Park Hill Group Searchlight Capital Partners is set to close its second fund on its increased cap of $1.9 billion, according to two people with knowledge of the fundraising. The close could happen […]

Firm: The Carlyle Group Fund: Carlyle Asia Structured Credit Opportunities Fund Target: Up to $1 bln Amount Raised: $235.6 mln The Carlyle Group is targeting $1 billion for direct lending investments in Asia, according to a limited partner who has heard the fund pitch. The fund, Carlyle Asia Structured Credit Opportunities Fund, raised about one-third of […]