United States
Calpers bolsters PE team with new investment MD
Ruiz replaces Sarah Corr, who has served as interim managing investment director for private equity
Alkemia exits Taplast to trade
US-based Trimas also acquires the majority stake owned by Taplast CEO Paolo Santagiuliana
Gresham House invests £4.5m in Diaceutics IPO
Deal comes a year after the pharmaceutical data analytics company raised $5m of mezzanine
New York pension fund hunts for PE consultant
Successful consultant will be in charge for performing annual pacing analysis for PE
Livingbridge's Catalyst merges with Sionic
Deal for the US-based financial services consultancy will create a group with revenues of $60m
Searchlight to hold first close for third fund
The fund, with a $2.75bn target size, is expected to have a final close by mid-2019
Clessidra-backed Cavalli files for bankruptcy
Roberto Cavalli's US-based subsidiary ArtFashion is expected to file for Chapter 7 this week
New Hampshire Uni to triple PE exposure
University would need to make new commitments of $18m per year to match its target allocation
Calpers set to restructure its PE programme
Review of Pillar III and IV seeks scaling private equity exposure and a more cost-effective model
Advent International set to secure US LP commitments
Advent International GPE IX has a target between $15-17bn and plans to hold a final close in mid-2019
Bow Capital leads $10m funding round for ArangoDB
ArangoDB will now move its headquarters to the US to serve its growing customer base there
Michigan pension fund targets lower-mid-market PE commitments
Focus of the PE division to tilt slightly toward the mid- and lower-mid-markets
Permira-backed Corin boosts US presence with Omni bolt-on
Omni, which makes robotics-assisted medial equipment, is Corin's second bolt-on under Permira
US investors eye European first-time funds
Maiden fundraises are maintaining momentum, with US institutional investors increasingly drawn to such vehicles
Los Angeles pension fund backs Lexington
California based pension fund has 4% of its portfolio invested in private equity as of June 2018
L Catterton partially exits Steiner via $900m Elemis sale
Sale of the skincare brand to L'Occitane is worth marginally less than the original deal for its parent
Inflexion opens Boston office
GP chooses the same city as its rival UK mid-market player Livingbridge for its US base
Investindustrial acquires Jacuzzi Brands
Nottingham Spirk co-invests alongside Investindustrial by acquiring a minority stake in the company
CalPERS to hire PE consultant in 2019
Currently, the $356bn pension fund employees Meketa Investment Group for its PE portfolio
NYC appoints former white house PE expert as CIO
In his new position, Doñe will provide direct investment advice to the five NYC systems
Morgan Stanley hires former Calpers CIO Eliopoulos
Ted Eliopoulos resigned from the pension fund in May in order to relocate to New York
NYC comptroller hires new PE head
David Enriquez has served as interim co-head of private equity since July 2018, before being promoted to head of PE
Core-backed TEG buys GTA
First bolt-on the company has made since Core acquired the business in November 2016
Kentucky pension fund commitments to KKR, H&F fail to close
Commitments are not closed after the investment committee decided to commit in August