Chris Witkowsky

Recently, we got the sad news that Michael Beblo, director of alternative investments at the Pennsylvania State Employees’ Retirement System, died after heart surgery. He was just 62.

Just three months after hitting the market, Clearlake Capital Group closed its fourth flagship fund on its $1.38 billion hard cap.

The group of fundraising executives exiting First Reserve has grown with the departures of investor relations manager Neil Horn and Vice President William Pearce.

Doug Kelly, a partner at Pomona Capital, has left the firm, according to a person with knowledge of the situation.

A group of former executives from energy services giant The Shaw Group have launched their debut energy services fund, according to a person with knowledge of the firm.

Chris Meyn, who led the private equity team at Gávea Investimentos, has stepped down months after the firm closed its fifth fund on about $1.1 billion.

Darron Anderson, the chief executive officer of oilfield services company Express Energy Services, which was acquired by Apollo Global Management last year, has resigned, a source said.

One thing I love about a newsroom is the spontaneous debates that spring up among reporters and editors. It’s part of the energy of a place where everyone’s job is to ferret out the most relevant facts and have a keen nose for BS. I had one of these debates the other day with my […]

One thing I love about a newsroom is the spontaneous debates that spring up among reporters and editors. It’s part of the energy of a place where everyone’s job is to ferret out the most relevant facts and have a keen nose for BS.

The SEC, as part of its tighter scrutiny of private equity, is examining whether GPs are giving lending business to certain LPs in their funds, such as insurance companies, without proper disclosure.