Generate Capital raised $2 billion through a second round of direct investments from money managers and asset owners.
Kohlberg & Co. completed a GP-led transaction closing its first continuation vehicle, co-led by BlackRock, GIC and Lexington Partners.
A CalPERS-backed bill that would have kept certain details related to its private debt investments secret failed to pass out of committee.
Hellman & Friedman closed its largest buyout fund to date, Hellman & Friedman Capital Partners X, at its $24.4 billion hard cap.
Stonepeak has closed its first renewable energy fund, Stonepeak Global Renewables Fund, at its $2.75 billion hard cap.
CalPERS' executive search firm, Dore Partnership, does not expect the nation's largest pension fund to have a new CIO in place until March.
Asset owner and money management executives share their summer reading choices.
NAIC aims to create diversity in the private equity and hedge fund industries with its new internship program.
Some asset owners, including CalPERS, are reconsidering how they use tracking error in measuring risk.
According to Sara Tirschwell, women and minorities have trouble advancing because they can't use their investment track records.
Questions about who can claim ownership of track records leaves some executives without proof of investment success.
CalSTRS and CalPERS officials have seen modest progress in advancing diversity since they started holding forums on the topic.
CalPERS' rehiring of Buck Global for valuation services did not have the backing of all board members.
Most private equity investors foresee a technology-market correction within the next 18 months, but many are also upbeat on new commitments.
Former New Mexico PERA CIO Dominic Garcia joined CBRE Global Investors as its first chief pension investment strategist.
Shamrock Capital closed its latest fund focused on buyout and growth equity investments at its $1 billion hard cap.
Investment opportunities stemming from energy transition are becoming clearer, making it possible for investors to build portfolios.
Alternative managers agree few scenarios anticipated at the dawn of the pandemic came to pass, and trends accelerated in unexpected ways.