Firms & Funds

Pantheon, the fund-of-funds specialist owned by Affiliated Managers Group Inc, has targeted a $750 million fundraise for its new Pantheon Access platform, which aims to offer limited partners the customization of separate, managed accounts with a lower commitment of capital, according to a person familiar with the firm. The move marks the latest innovation by the London-based firm.

The Pennsylvania Public School Employees’ Retirement System has seen mixed results over the past decade from its venture capital investments. Better days may be ahead. The portfolio made significant gains last year, with impressive advances in funds from LLR Partners, Psilos Group, Cross Atlantic Capital Partners and Aisling Capital. The pension manager holds 17 venture […]

Delaney Brown, the executive who opened alternative asset manager Hermes GPE’s US office in Boston two years ago, has left the firm, a spokesperson confirmed to sister publication peHUB.

ZM Capital, the private equity media specialist aimed at the lower middle market, is raising money for its second buyout fund with a target of $500 million, according to people familiar with the firm.

Confie Seguros, the insurance specialist targeting Hispanic customers, said it is buying the retail insurance unit of publicly-traded Affirmative Insurance Holdings for up to $120 million in its largest in a series of acquisitions.

Sun Capital Partners Inc paid an undisclosed sum for a majority stake in Gem Shopping Network as the Florida-based buyout shop known for turnarounds invested in a growing,100-employee retailer now expanding its TV footprint.

The weight of academic research has been tilting in an unsettling direction, toward the notion that sponsors with top-quartile funds can’t repeat that performance the next time out at a higher rate than other firms. That is bad news for top performers banking on a sterling track record to carry them to fundraising success. Using […]

The Canada Pension Plan Investment Board, which manages C$188.9 billion in assets, made some management changes earlier this year on its private investments team. The system, a major private equity limited partner and direct investor, didn’t publicly disclose the personnel moves, but they are listed on its web site, sister publication peHUB reported.. A CPPIB […]