Firms & Funds

Fund VII is a 'combined fund' that allows LPs the option to invest in underlying buyout and growth equity sleeves.

The possible changes would reduce a steady stream of capital to VC and growth equity managers.

The firm also closed a large secondary deal that raised about $2.1bn, which the firm combines to consider a total fundraising of more than $24bn, sources told Buyouts.

Chris Carter, who has been a managing partner at the firm since 2015, heads the company.

Reflecting the founders’ backgrounds, Crosspoint has a heavy focus on operational experts on its deal team, but has lost some investment professionals in recent years.

Selwood was 51.

Could a 'Total Portfolio Approach' model come to the nation's largest pension system?

While Leonard Green’s transaction is giving cash-out LPs the benefit of both processes, the 'quick flip' issue remains controversial in continuation fund deals where assets are quickly exited.

Tenex is 'in the process of creating a succession plan' for CEO and managing director Mike Green, pension documents said. Green founded the firm's predecessor in 1999.

The nation’s largest pension system is in the midst of a significant overhaul of its private equity portfolio, including a recent hike of its target.