Sam Sutton

2017 among CalSTRS’s most active years for new PE commitments CalSTRS cracked $7 bln of commitments in 2006 and 2007 PE’s average fund size more than double what it was in 2011, reports Meketa California State Teachers’ Retirement System committed almost $7 billion to private equity funds marked as 2017 vintages, doubling the annual amounts […]

New structure to broaden KKR’s network of public shareholders Tax benefits of partnership mitigated by tax reform KKR to complete conversion to C-Corp on July 1 Kohlberg Kravis Roberts & Co is converting into a corporation, making it the second major private equity firm to switch from a publicly traded partnership to a corporation following […]

New York commits $10 mln to Adamantem debut $225 mln commitments to Clearlake, Warburg Pincus New York has 7.6 pct allocation to PE New York State Common Retirement Fund inked a pair of re-ups in March as it allocated $235 million across three private equity funds, an investment disclosure from the $209.1 billion pension system […]

New York commits $10 mln to Adamantem debut $225 mln commitments to Clearlake, Warburg Pincus New York has 7.6 pct allocation to PE New York State Common Retirement Fund inked a pair of re-ups in March as it allocated $235 million across three private equity funds, an investment disclosure from the $209.1 billion pension system […]

Fundraising for long-dated PE fund expected this year Firm to launch new energy, credit, Europe RE funds Carlyle AUM hits $201 bln Carlyle Group has more than $27 billion of unactivated investment capital, setting the stage for a massive influx of management fees as the $201 billion asset manager continues to amass larger investment funds. […]

Investing in firms based in German-speaking Europe Rhode Island weighs 35 mln euro commitment Firm’s realized investments grossed 32.7 pct IRR ECM Equity Capital Management is marketing its fifth flagship fund with a 300 million euro ($362 million) target, materials from Rhode Island State Investment Commission show. ECM, which Chris Peisch launched in Frankfurt in 1995, specializes in […]

Fund offers LPs first-close discount, expected in Q2 Saudi fund to match commitments up to $20 bln Infra fund could grow to $40 bln over a decade New Mexico State Investment Council plans to commit up to $100 million to Blackstone Group’s infrastructure fund, spokesman Charles Wollmann told Buyouts in an email. The Council approved the […]

Firm yet to set a hard cap SK Capital raised $1 bln in 2014 Recent deal activity included carve-outs of chemical, pharmaceutical businesses SK Capital is back on the market with a new fund targeting $1.4 billion, according to a limited partner with knowledge of the fund. The firm hasn’t set a hard cap for SK Capital […]

$350 mln commitment Washington’s first with Sequoia Sequoia has avoided most public LPs for more than a decade Unclear whether Washington will disclose fund performance in future investment reports Washington State Investment Board appears to be the first major public pension to back Sequoia Capital’s new $5 billion growth fund. The $128.8 billion retirement system […]

$350 mln commitment Washington’s first with Sequoia Sequoia has avoided most public LPs for more than a decade Unclear whether Washington will disclose fund performance in future investment reports Washington State Investment Board appears to be the first major public pension to back Sequoia Capital’s new $5 billion growth fund. The $128.8 billion retirement system […]