Chris Witkowsky
WL Ross & Co said it has reimbursed investors in its fifth flagship fund after it “changed the methodology” of how it calculates certain fee offsets, a change some sources characterized as correcting a miscalculation.
Two things happened shortly before we went to press with this issue in mid-January that seemed almost symbolic of some larger truth. First, former placement agent Al Villalobos, 71, apparently shot and killed himself in a Nevada gun range. Villalobos had been awaiting trial for alleged fraud in connection with his private equity fundraising work for […]
Two things happened shortly before we went to press with this issue in mid-January that seemed almost symbolic of some larger truth.
After more than a month delay, the New York City Comptroller has finally revealed the salary of the office’s newly hired head of private equity, Alex Doñé.
Riverstone Holdings is setting up an energy debt fund to take advantage of the dislocations roiling the markets as the price of oil continues to sink, according to three people with knowledge of the effort.
This is just getting crazy now.
Kelly Williams, a veteran limited partner, will take a step back as head of the highly successful customized funds-of-funds group that she co-founded, sources said.
Pfingsten Partners, a Chicago-based firm, is back in the market with its fifth fund, targeting less than it raised for its prior vehicle, according to two people with knowledge of the fundraising.
Larry Keele, a co-founder of Oaktree Capital Management who leads the firm’s $5 billion U.S. Convertible Securities portfolio, is retiring at the end of June, according to a memo sent to clients this week.
Another China Investment Corp (CIC) private equity veteran has moved into the private sector.
If you do not receive this within five minutes, please try and sign in again. If the problem persists, please
email: