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Newfoundland and Labrador Pooled Pension Fund set a 5 pct allocation target for PE System hires Caledon Capital to guide it into PE and infrastructure Caledon recently hired by Illinois Teachers’ pension to advise on PE A big, new pool of capital has emerged in Canada. Newfoundland and Labrador Pooled Pension Fund (NLPPF), a C$9 […]

Chicago firm beats target with first fundraise in seven years Solid returns from Fund VIII fuels demand for Fund IX Founder says firm’s crisis-era funds “as close to ground zero as you can get” Charles Moore had trouble sleeping over the last few years. The Banc Funds Company founder’s voice strains when he describes his firm’s […]

Firm: Altas Partners Fund: Altas Partners Holdings Target: $600 mln Hard Cap: $ 1 bln Amount Raised: $600 mln Placement Agent: Park Hill Group Altas Partners held a second close on about $600 million for its debut fund, which is the amount the fund is targeting, according to a person with knowledge of the firm. […]

Denham raising oil and gas fund targeting $2 bln Firm eyes $1 bln for power fund Plans to launch mining fund in Q1 Denham Capital is making some big changes: It has split its business into three distinct areas of focus — oil/gas, mining and power — and is raising three separate funds around the strategies, according […]

Firm: PAG Fund: PAG Asia II Target: $3 bln Hard cap: $3.5 bln Amount Raised: $3.66 bln Placement Agent: Park Hill Group Legal Counsel: N/A PAG hurdled over its hard cap to raise $3.66 billion for its second flagship private equity fund, according to a Form D filed with the SEC on Dec. 29. The […]

Nautic heads for cap on Fund VIII Fundraising much easier than prior fund Firm has “turned it around” says LP Nautic Partners is on track to hit the $900 million hard cap on its eighth fund, which has been in market targeting $800 million, according to two limited partners with knowledge of the firm, as […]

Firm: Welsh, Carson, Anderson & Stowe Fund: Welsh, Carson, Anderson & Stowe XII Target: $3 bln Hard cap: $3.5 bln Amount Raised: $3 bln Placement Agent: Asante Capital Group Legal Counsel: N/A Welsh, Carson, Anderson & Stowe held an interim close on its 12th flagship fund’s $3 billion target last week, two sources told Buyouts. The firm will keep Welsh, Carson, […]

Jeff Horing, co-founder and managing director at Insight Venture Partners, thinks the IPO environment may improve toward the end of 2016 if the markets can recover. “I suspect there are a lot of substantial private companies that could be candidates. I think our world of tech/software PE will remain aggressive and competitive,” he said. *** […]

Lauren Dillard named head of Solutions Group Jacques Chappuis steps back into advisory role AlpInvest pulled two funds off market this year Carlyle Group announced Tuesday the head of its Solutions Group, Jacques Chappuis, stepped back into a senior advisor role after leading the group since early 2013. Chappuis is being replaced by Lauren Dillard, […]

Washington committed more than $1.5 bln to PE at December meeting Backs KKR, Advent, PAG Asia Washington PE portfolio valued at $17.8 bln The Washington State Investment Board closed out 2015 with three new commitments to private equity totaling more than $1.5 billion, spokesman Chris Phillips told Buyouts in an email. The $103.4 billion retirement system’s […]