LPs
Lloyds terminates Standard Life Aberdeen's management mandate
Development is a result of Aberdeen's merger with Scottish Widows competitor Standard Life
Essling closes second co-investment fund on €115m
Hard-cap was originally set at €100m, but was raised in order to meet increasing demand
ATP Private Equity Partners VI holds €800m final close
PE arm of ATP also announces a change in its investment strategy and is merging operations
LP consortium to seed six PE firms for $1bn
Reports cite research director Ashby Monk speaking to CalSTRS' investment committee
HQ Capital appoints four to advisory board
Advisory board is set to meet twice a year and will advise the executive board of the buyout firm
German tax act gives LPs exemption rate of 80%
New rules apply to German and international funds treated as corporate taxpayers
Altamar appoints Caturla as managing director
In his new role, Caturla will be responsible for coordinating investment management products
CalSTRS looks to widen co-investment and direct investing
US LP, worth $224.8bn, is consulting on setting up direct investment capabilities
Landmark promotes four to partner
Eddie Keith and Charlie Tingue are promoted to partner in the PE teams in New York and London
Lacera begins search for secondaries adviser
US pension fund looks to rebalance its PE portfolio by selling "dozens" of LP stakes
Partners Group reaches €61.9bn in AUM
Private debt is the fastest growing allocation area for the firm, with new commitments of тЌ3.5bn
Norway's sovereign wealth fund eyes private equity
According to the central bank, the fund should increase exposure to unlisted companies
Deutsche Asset Management appoints Meketa's Green
Green will be responsible for capitalising on difficult-to-access secondary market opportunities
Eurazeo enters exclusive discussions for Idinvest deal
Rumours of a deal between the two asset managers emerged back in mid-December
Ardian sells infrastructure fund to APG and Axa
Both APG and Axa were previously LPs in the fund, which Axa Private Equity closed in 2007
Eurazeo in talks to buy Idinvest
Investment company Eurazeo looks into buying majority stake in French GP Idinvest
US pension fund to commit $325-350m to PE in 2018
Lacers will place special emphasis on mid-market and lower-mid-market buyout funds
University of Calgary hiring PE investment adviser
Investment committee recently approved the inclusion of PE and infrastructure in its portfolio
Schroders Adveq launches third secondaries fund
Vehicle is the LP's first private equity fund launch since it acquired Adveq in April
LPs remove Varova as manager of funds, write down €100m
Varova funds have experienced a reduction of unrealised net asset value close to €100m
French state arm CDC IC ramps up Mubadala partnership
New co-investment agreement will see CDC International Capital, BPI France and Abu Dhabi's Mubadala deploy an extra €1bn in French businesses
Gain Capital re-hires Martin Prohazka
Prohazka will be responsible for investment allocation, manager selection and raising a new fund
OIC recommends €200m commitment to €1bn Novalpina fund
Recommendation was made by the investment committee and must be approved by OPERF
CalSTRS increases delegated authority limits for PE allocations
Changes notably affect LP investments, secondary transactions and co-investments