LPs
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
Brookfield buys Lampe Equity Management
Group manages a portfolio of various renewable funds and other assets totalling €1.3bn
Schroders Adveq launches third secondaries fund
Vehicle is the LP's first private equity fund launch since it acquired Adveq in April
Hermes makes two senior hires in London office
GP appoints USS's Phakey and Mojo's Manolopoulos as senior investment professionals
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
Majority shareholder IDI exploring options for Idinvest stake
Idinvest could add to the wave of consolidation in the PE space as IDI mulls a potential sale
RWE Generation backs HTGF III
RWE says the investment is strategic, and it will scout for further co-investment opportunities
USS promotes Horsnall to head of direct private equity
Move forms part of the limited partner's strategy to increase its focus on direct investments
Draper Esprit invests in two seed funds as part of FoF push
Listed investor Draper Esprit expects to deploy up to £75m in venture funds within five years
Unquote launches new global private equity event
Allocate will bring together prominent LPs and GPs to discuss the next private equity cycle
More alpha, less male: The gender diversity conundrum
Higher echelons of PE remain bereft of female talent, though signs of progress are appearing
LP Profile: AP6
Longstanding GP relationships include with Nordic Capital and EQT, as well as many more in Europe
Gunn steps down as SL Capital partner
Gunn leaves the LP three months after the firm's parent group's merger received regulatory approval
Newcomer Essling poaches Amundi funds-of-funds team
Having recruited the four-strong team, Essling will launch its first fund-of-funds within the next few weeks
Fundraising – North America weekly edition
A roundup of the latest fundraises in North American PE, courtesy of unquote" sister publication Mergermarket
AlpInvest hires Bagijn as primaries business head
New managing director is joining from her previous role at Axa Investment Managers