Christopher Witkowsky
Charles Valdes, a CalPERS board member, received illegal campaign donations, some from affiliates of Alfred Villalobos, head of placement agency ARVCO.
Lone Star has a plan to keep total control of bankrupt grocer Bi-Lo outside of bankruptcy, while a lending group that includes KKR wants to split control of the company.
AP Alternative Assets has written up all of its biggest private equity investments and seen its NAV rise 29% from 30 June, as Apollo reportedly nears a long expected public listing.
Cambridge’s private equity index shows an increase in private equity returns for the first time since the end of 2007. The report is similar to earlier findings by State Street.
The departure of Joshua Gotbaum from Blue Wolf Capital will not trigger a key-man clause.
The departure of Joshua Gotbaum from Blue Wolf Capital will not trigger a key-man clause.
Regret over ‘drinking the Kool-Aid’ during the tech bubble was among many industry and firm-specific issues Henry Kravis and George Roberts discussed in an interview with the Wall Street Journal.
The pension negotiated fee reductions with Fisher Lynch before agreeing to commit $500m, using its Private Partnership Investment Principles.
Lack of senior debt and pricing concerns will keep deal flow at current levels, according to a survey of senior private equity executives.
A member of the pension said Gary Bland had been found to have pressured investment firms to hire certain placement agents.