Firms & Funds

John Kim is stepping down as a partner at Court Square Capital Partners to join Kelso & Co., a New York buyout shop that appears to be gearing up to raise a new fund.

Elizabeth Caldas, a senior private equity investment official in the New York City Comptroller’s office, has left to join the investment team at the United Nations Joint Staff Pension Fund, three people told sister news service peHUB.

Sarah Sandström has stepped down as a partner at placement agency Atlantic-Pacific Capital to join Lazard.

As the Pennsylvania State Employees’ Retirement System works through some major shifts in its leadership, the system has apparently had to put on hold planning for a private equity secondary sale that was slated to help it reduce its huge exposure to the asset class, sister news service peHUB reported. Outgoing board chairman Nicholas Maiale […]

Golub Capital Inc has launched fundraising for its latest flagship fund, a regulatory filing showed, as the company shifts to Arabic numerals from Roman ones.

With regulators moving to curb certain impacts of the Volcker Rule, hopes are rising that they also may act to reduce certain limitations on collateralized loan obligations.

Raine Group, the New York-based firm launched by veterans of Goldman Sachs and UBS that advised on the high-profile deal to buy talent agency IMG, has raised $367 million for Raine Partners II LP, just about two years after closing its inaugural vehicle. 

In this video from Buyouts Texas, Erik Hirsch, the chief investment officer at Hamilton Lane, talks about trends affecting the private equity industry.

The advisory business has been a tough place to grow over the last few years as the institutional do-it-yourself movement gained momentum. But via a prescient bet on separate accounts before they became all the rage, and recent acquisitions, StepStone Group LP has a big head of steam.

Firm is poised to close on up to $1.6 billion for its eighth secondary fund.