Firms & Funds

Jef Rogers, a principal with Gryphon Investors, left the firm earlier this month, Rogers confirmed to sister news service peHUB on Friday.

Four senior GPs said middle-market players facing high auction prices for deals in 2014 are focusing on harvesting companies, building expertise and relationships in market niches to outflank rivals and stepping up growth efforts through add-on deals.

LPs may see improved investment prospects in venture capital and distressed debt funds over the next 12 to 18 months, while the potential returns of large European buyout funds may take a step up, according to an annual tactical summary by TorreyCove Capital Partners.

Macquarie is in talks to sell its private markets fund-of-funds business to management, according to two people with knowledge of the situation, sister news service peHUB reported.

LS Power Equity Advisors LLC has closed its third energy fund at its $2.075 billion hard cap, exceeding its target of $1.5 billion, the firm announced Wednesday.

The California State Teachers Retirement System channeled $950 million into private equity investments in the fourth quarter, with a $250 million pledge to Carlyle Group’s flagship Carlyle Partners VI LP marking the largest single commitment, according to a report released this week. 

CalSTRS commits $815 mln to funds Pension system channels $135 mln for co-investments Carlyle Partners VI LP gets largest single commitment The California State Teachers Retirement System channeled $950 million into private equity investments in the fourth quarter, with a $250 million pledge to Carlyle Group’s flagship Carlyle Partners VI LP marking the largest single […]

Intervale Capital closed its third fund aimed at the robust oilfield services arena at $495 million in less than five months, well above its $400 million target, with plans to make seven to nine platform investments from the new pool, and possibly add some new hires.

Elliot Royce, a long-time private equity executive at AlpInvest and Allianz Private Equity Partners, has launched Royce Alpha Advisors with two clients signing on, Kelso & Co and young venture capital firm, Innovation Access.

The California Public Employees’ Retirement System (CalPERS) is recruiting for an investment officer II.