Chris Witkowsky

Clayton Dubilier & Rice is considering adding a new focus to its investment strategy: tech investments.

Clayton Dubilier & Rice has a crop of new principals it hired this year as it gears up for future growth that could include a focus on tech investing.

The Blackstone Group has not yet made an investment from its second energy fund, but it is poised to hit the sector hard that has been badly shaken by the collapse of oil prices.

Sovereign wealth funds are an increasingly important funding source for Blackstone Group, even those that have been hammered by the collapse of oil prices, Chief Executive Officer Steve Schwarzman said during the firm’s third quarter earnings call last week.

Blackstone Group spokesman Peter Rose called out limited partners recently while explaining the firm’s lack of disclosure around accelerated monitoring fees. He’s exactly right in pointing out that LPs sat idly by when told the firm accelerated fees even though it never mentioned the practice in the limited partnership agreement. Blackstone earlier this month settled […]

Let’s act like adults, please. A recent dust-up at the California Public Employees’ Retirement System between a board member and private equity investment staff has officially moved into the realm of the absurd. Now, I’m never one to object when things turn absurd — it keeps life interesting. But in this case, I’m objecting because the histrionics are […]

Let’s act like adults, please. A recent dust-up at the California Public Employees’ Retirement System between a board member and private equity investment staff has officially moved into the realm of the absurd. Now, I’m never one to object when things turn absurd — it keeps life interesting. But in this case, I’m objecting because the […]

Ryan Butler, a managing director and top secondary dealmaker at Portfolio Advisors, left the firm this month, Brian Murphy, managing director, confirmed for Buyouts.

Jeff Edwards, a former private equity executive at the Teacher Retirement System of Texas, left the pension system in July and joined NovaQuest Capital Management, according to two people with knowledge of the move.

Thoma Bravo Managing Partner Carl Thoma sounded the alarm earlier this year: LPs should expect private equity returns to come down, and should probably give GPs less money.