Home Authors Posts by Chris Witkowsky

Chris Witkowsky

frustrated, frustration, upset, angry, pissed, mad, shutterstock_285387581
I met with an LP the other night for drinks at one of the fancy bars financial types frequent. We chatted about the state of the market, and as is usually the case, the LP wanted to compare notes about certain GPs. “What have you heard?” I usually get that question when an LP is […]
Tony James, Blackstone Group
Blackstone brought in co-investors to help fund the deal Sale included a ‘deferred payment’ Largest trade of real estate secondaries Some secondary market participants questioned the fairness of CalPERS’ recent sale of a $3 billion real estate portfolio to Blackstone Group’s Strategic Partners division because the deal was brokered by Blackstone’s former placement agency. CalPERS told […]
Jeremy Weisberg worked at Pantheon since 2011 Joins GIC as assistant vice president GIC ramps up secondaries capabilities Jeremy Weisberg, a former senior associate on Pantheon’s secondaries program, joined GIC recently, according to two people with knowledge of the move. Weisberg’s LinkedIn profile shows he joined the Government of Singapore Investment Corporation in October as […]
Next-generation secondaries program could total $6 bln to $7 bln Targets around $2 bln for commingled Fund VI Big contribution to come from Dutch pensions A major secondaries buyer is back in the market raising a pool expected to total $6 billion to $7 billion. AlpInvest Partners, owned by Carlyle Group, is in the market raising AlpInvest Secondaries Fund […]
Photo of Tom Lister, co-managing partner of private equity firm Permira
Permira eyes 6 bln – 7 bln euros for Fund VI Expects to launch fundraising in first quarter Fund V over 60 pct deployed Permira plans to bring its sixth flagship fund to market in the first quarter targeting up to 6 billion euros ($6.4 billion) with a 7 billion euros hard cap, according to […]
Miller left OPTrust in June Replaced by Morgan McCormick Not clear if Miller has taken another job Spencer Miller, managing director at OPTrust Private Markets Group who ran the London office, left earlier this year, a spokeswoman for the pension manager confirmed Monday. Miller was replaced by Morgan McCormick, a managing director who is now running […]
Brooks Zug, HarbourVest Partners, Buyouts East, PartnerConnect, March 25, 2015
HarbourVest targets $250 mln for debut mezzanine fund Plans to charge 12.5 pct carried interest rate Overall mezzanine fundraising soars this year HarbourVest Partners is in the market with its first ever commingled mezzanine fund targeting $250 million, according to a limited partner who has heard the pitch. HarbourVest is an investor in mezzanine debt, but […]
Jason Wood focuses on co-investments Worked at Zurich Alternative Asset Management for three years Not clear if Zurich is directly replacing Wood Jason Wood, a director at Zurich Alternative Asset Management, left recently and joined AIG Investments, according to a source and Wood’s LinkedIn profile. Lauren Kochendarfer, a spokeswoman with AIG, confirmed that Wood joined AIG […]
Midwest, flowers, field
Mason Wells expects first close in next few weeks Fund cap set at $600 mln Firm closed last fund on $525 mln in 2010 Mason Wells is targeting $550 million for its fourth flagship fund for middle-market investments, according to a limited partner who has heard the pitch. The firm expects to hold a first […]
Miner, mine, mining, minerals, coal
Energy & Minerals Group targets $4 bln for Fund IV Held first close on $1.1 bln in October Closed prior fund on $3 bln Energy & Minerals Group is eyeing a potential second close on $3 billion for its fourth fund after collecting $1.1 billion for its first close in October, according to a person […]
buyouts
buyouts

Copyright PEI Media

Not for publication, email or dissemination