News/LPs
PE secondaries volume cut by more than half in H1 - survey
Private debt fund secondaries were hit even harder with an 81.8% plunge, Setter says
LP platform Titanbay launches
Titanbay has a 1% set up fee for clients and a 0.5% annual maintenance fee
CPP Investments appoints SNCF's Pepy as senior adviser
Pepy joined SNCF in 1993 and served as chair and CEO from 2008 to 2019
PA SERS appoints Seth Kelly as new CIO
Kelly joins from the Missouri State Employees Retirement System, where he was also CIO
OTPP appoints Frank as senior managing director
Karen Frank will lead the LP's private capital and "high-conviction equities" teams
Vast majority of LPs satisfied with GP transparency – survey
Coller Capital's PE Barometer also reported LP concerns about forward-looking EBITDA add-backs
Third of LPs put fund commitments on hold – survey
Brackendale Consulting survey also revealed that 62% would commit to a fund without a personal visit
BBB appoints Lewis La Torre as interim CEO
In October 2019, Keith Morgan announced that he would be standing down from the role of CEO
BMO appoints Baxter and Burnet to board
Listed private equity investor is currently valued at £315 per share, at the time of publication
LGPS appoints Ross as CIO
Ross was previously deputy CIO and joined the company two years ago
Cambridge Associates hires Gunnee
Gunee joins from Mercer, where he was a partner and head of fiduciary management
US pension fund pulls back private equity commitments
Milwaukee County reduces commitments to four private equity funds, from $79.5m to $63.5m
17Capital invests €100m preferred equity in European fund
Funds provided will enable the manager to invest further in their existing portfolio companies
CVC attracts big LP tickets for new flagship fund
GP is aiming to raise €17.5bn by a June deadline and is already raking in large commitments
Essling refocuses on co-invest and LBO, as co-founder departs
Michele Mezzarobba leaves the firm having co-founded it in 2017
Border to Coast bolsters alternatives expertise with new hire
Thelwell's appointment comes as BCPP is looking to expand its internal investment capabilities
Capital Constellation enters partnership with Pollen Street
Capital Constellation will provide capital in a bid to support the continued growth of Pollen Street
FundRock launches French arm dedicated to PE, real estate
Based in Paris, the new entity is an alternative investment fund manager
Legal & General promotes Fitzpatrick to managing director
Fitzpatrick is expected to explore ways to deploy capital and enhance returns across alternatives
Coller, Glendower et al. shortlisted for CPABF secondaries mandate
US pension fund is looking to commit to two funds, allocating $25m to each
Real Dania PE head joins Industriens Pension
Nielsen joins from Realdania, where he has served as head of alternatives and private equity
StepStone names secondaries-focused Johnston as partner
Adam Johnston is a member of StepStone's private equity secondaries practice
US pension set to back Pantheon secondaries fund
Pantheon Global Secondaries Fund VI has a focus on GP-led transactions in Europe and North America
Italian family offices join forces to invest in VC
Cube3 is intended to help Italian investors gain exposure to international investments strategies
