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Eamon Murphy

LACERS, Los Angeles, private equity, pension fund, real estate
Assets under management: $12.3 bln as of June 30, 2018 Target allocation to PE/VC: 5 pct Actual Allocation: 4 pct Why this is important: Small pension wants to be active PE investor Los Angeles Department of Water & Power Retirement Plan intends to commit $400 million to private equity in 2019 and to increase its […]
TA Associates, Brian Conway, private equity, mergers, M&A, technology, software
Drives earnings growth through complementary acquisitions Increased focus on recurring/repeating revenue models Using more leverage to keep equity values down Brian Conway is chairman of TA Associates’ executive committee and a managing partner in the Boston office. He joined TA in 1984 and has co-led the firm’s technology group. TA is known for technology investing. […]
Tony James, Blackstone Group, PartnerConnect Midwest, Family Offce, Jefferson Capital, real estate, Bill Helm
Blackstone CEO “shuttling” between U.S., Chinese leaders to ease tensions James didn’t back Trump but credits him with positive economic policies Early start, gradual execution keys to successful leadership transition Tony James, executive vice chairman of Blackstone Group, said Co-Founder and CEO Stephen Schwarzman is working to ease worsening tensions between the U.S. and Chinese […]
New Mexico State Investment Council, private equity, pension fund, David Lee,
Why is this important: As the strategy of buying stakes in GPs has been ramping up, nearly two-thirds of LPs say they are unlikely to consider funds that are buying them. Most LPs have not invested in funds targeting GP stakes and are unlikely to do so. That was the response of 64 percent of institutional investors polled by Coller […]
private equity, Coller Capital
Nearly two-thirds of LPs unlikely to consider funds buying GP stakes Four in five say GP-led secondaries here to stay Funds of funds still attractive for specialist exposure Most LPs have not invested in funds targeting GP stakes and are unlikely to do so. That was the response of 64 percent of institutional investors polled by Coller Capital for […]
TriTech Software Systems, Darren Abrahamson, Bain Capital, software, public safety, law enforcement, medical, private equity, merger, M&A, Insight Venture Partners
SaaS platform for emergency dispatch, record management Insight Venture Partners current controlling stakeholder Bain looking at add-ons after transaction close by end of Q2 Bain Capital “moved quite quickly to prevail” in the auction process for TriTech Software Systems, said Managing Director Darren Abrahamson. “It was a space we’d tracked and a company we’d followed closely […]
KKR, Goldman Sachs, software, private equity, venture capital
KKR contributes 2/3, Goldman 1/3 of $360 mln round OutSystems provides low-code platform for developing software apps Firms join Guidepost Growth Equity, Armilar Venture Partners as investors The $360 million investment in software-development platform OutSystems by KKR and Goldman Sachs is split roughly two-thirds to one-third, respectively, according to a source familiar with the matter. The round represents the […]
Alex Gregor, Mike Bryant, Knox Capital, fundless sponsor, private equity, merger, M&A
Founder Alex Gregor is former VP at Pfingsten Partners Left to source deals through operators with flexible capital Completed 2 add-ons for eDiscovery business HaystackID “I consider myself a private equity refugee,” said Alex Gregor, founder and principal of fundless sponsor Knox Capital. “I left a traditional institutional firm with the intent to buy businesses on my own, […]
Carlyle Group, private equity
Approaching reported $18.5 bln hard cap Push to raise $100 bln across platform by 2020 Next Asia fund nearing $6.5 bln close Carlyle Group has raised around $16.3 billion for its seventh flagship fund, a regulatory filing shows. Carlyle Partners VII has a hard cap of $18.5 billion, Bloomberg previously reported. A final close was said […]
Adil Adi, private equity, family office, life sciences, Israel
$50 mln minority investment out of Fund V Company offers darknet monitoring, threat detection Firm plans to build out go-to-market capabilities Vector Capital’s $50 million investment in KELA Group is its third deal in Israel, a market the firm has been covering for more than 15 years, according to Managing Director Matt Blodgett. San Francisco-based Vector previously backed […]
buyouts
buyouts

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