LPs
Neuberger Berman in exclusive negotiations for FII's portfolio
Exclusivity ends the bidding process for the portfolio, which also attracted Tikehau and Italmobiliare
Invest Europe appoints APG's Jankovic as chair
New chair focuses on ESG at the pension asset manager and takes over from Blackstone's Murphy
Calpers considers cutting PE allocation over transparency issues
As Calpers looks to cut, San Diego County starts to consider private equity co-investments
Adams Street raises $470m towards 2017 Global Fund
Funds-of-funds manager secures capital across five separate vehicles, according to regulatory filings
Certior Capital hires Heinilä as investment director
Olli Heinilä leaves EQ Asset Management after six years to join the mid-market private equity and credit investor
Partners Group reshuffles leadership
Stephan Schäli to become CIO, while David Layton will become head of PE and join the executive committee
Hamilton Lane closes secondaries fund on $1.9bn
Hamilton Lane Secondary Fund IV, the firm's largest secondaries vehicle to date, originally targeted $1.25bn
Bulking up: Consolidation in the LP space
Asset managers are flexing their muscles in a new wave of fund-of-funds consolidation
Adams Street hires vom Hagen to head Munich office
Vom Hagen joins the firm as a partner and will oversee the GP's investments across the DACH region
Epiris returns £1.5bn to Electra over eight-month period
Recent exits bring to an end Epiris's remit as investment portfolio manager for the listed LP
PSP Investment launches London-based European office
Canadian firm's European PE operations will be overseen by managing director Simon Marc
Fond-ICO injects €160m into eight Spain-focused funds
Since its foundation in 2013, Fond-ICO has deployed €1.26bn with 56 domestic and international GPs
UK clarifies permitted relationships between LPs and GPs
Changes to limited partnership act could render UK-domiciled funds more attractive to investors that have not previously invested in such funds
Idinvest hires Steil as senior legal adviser
Caroline Steil leaves her position of senior associate at Jones Day to join the asset manager
Alaska Retirement increases PE allocation
US LP with $29.6bn under management has approved an increase in commitment pacing for 2017 to reach its revised PE allocation
New LP Essling Capital spins out from Massena Partners
PE-focused entity manages €1bn across primaries, secondaries, co-investments, real estate and debt
Schroders acquires Adveq
Deal is the latest in a series of consolidation plays within the European LP landscape
Calpers PE portfolio managing investment director to leave
Investment director Sarah Corr will take over as interim head after Réal Desrochers leaves on 7 April
University of California doubles strategic allocation to PE
Increase approved in March means up to $1bn in additional private equity investments for the endowment
GPs view ESG as value builder – Capital Dynamics survey
Alternative assets manager Capital Dynamics surveyed 109 GPs globally about responsible investment and ESG
Local Pensions Partnership launches new PE vehicle
Newly formed LLP Investments will also be able to act as investment manager for other funds
City of Fresno Retirement Systems to build PE portfolio
California-based LP with $2.7bn in AUM approves a target exposure of 5% to the asset class by 2020
unquote" LP round-up
A round-up of LP news, including US institutions on the lookout for fund managers
Strong returns: Are managers or the market due credit?
Beneficial exit market of recent years may not endure the next PE cycle, raising questions as to how strongly LPs should reinvest in the asset class