LPs
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
Tikehau lists on Euronext Paris with €1.5bn market cap
French investment fund Fonds Stratégique de Participations is also joining Tikehau's shareholder base
LGT buys Ares' debt funds manager European Capital
As part of the deal, the LP acquired the firm from US-based investor Ares Management
Arle Capital to close in Q1 2017
Fund manager of listed LP Candover Investments recently divested stakes in two listed portfolio companies
UK LPs expect distributions to drop in 2017 – Rede survey
Investors remain hungry for PE exposure as placement agent Rede Partners launches biannual report on LP sentiment towards PE
Italy aims to close the tech-transfer investment gap with Europe
As part of the Juncker Plan, EIF and CDP launched a €200m fund-of-funds to help finance Italy’s tech transfer
SL Capital trust goes global, lowers size remit
Strategy changes proposed for the Standard Life vehicle have been approved by shareholders
PE's balancing act: LP appetite remains strong despite challenges
Part two of our Q&A session with PE experts from across the market with discussion centring on fundraising, co-investment and Brexit
From turmoil come treasures: Mapping out PE's road ahead
A panel of private equity experts from across the market discuss developments from 2016 and the outlook for the year ahead
EIF launches funds-of funds for Greece and Italy
Two vehicles aim to boost venture capital activity across the two southern European countries
unquote" LP and secondaries round-up
European fund-of-funds managers look to raise new vehicles, LPs increase private equity allocations, and more in this unquote" round-up of LP news
Altor faces DKK 1.2bn lawsuit over OW Bunker collapse
Curator of the Danish oil trading and supply company that failed in 2014 seeks damages
Mega-deals cap good year in CEE
Region registers two €500m-plus deals in the final quarter of a strong year for private equity
Ex-Schroder exec O'Connor joins Unigestion as chair
Miles O’Connor has been appointed as chair of the board of Unigestion UK, based in London
Nordic outlook remains upbeat despite 2016 slowdown
Nordic private equity market saw overall deal value drop substantially in 2016
unquote" LP round-up
LPs in Europe increase private equity allocations; a Dutch investor searches for new fund managers; and much more feature in this unquote" round-up of LP news
Fondo Italiano commits €85m to 3 Italian private debt funds
Following announcements, Quadrivio holds €120m first closing for its maiden debt fund
Swiss PE optimistic despite concerns over investment conditions
GPs and LPs discussed the state of Swiss PE at the Mergermarket Swiss M&A and PE event in Zurich