Christopher Witkowsky

Apollo Global Management hired people in California and North Carolina specifically to influence local pension investment decisions.

Rajiv Goel, director of strategic investments at Intel Capital, was among six individuals that allegedly made $20m from insider trading linked to events including Blackstone’s buyout of Hilton Hotels.

Martin Bolland, the firm's co-founder, and Paul Bridges, a former partner, have stepped into open board seats on two of the firm's portfolio companies vacated by Jon Moulton, who left in September.

The turnaround specialist gave bankrupt calendar maker Lang Holdings a bankruptcy loan for up to $16m, which it later used as part of its bankruptcy bid.

CalPERS is investigating $50m in fees paid to a company run by former board member Alfred Villalobos. The pension's CEO Anne Stausboll said a full review of all fees ever paid is 'prudent'.

The university endowment wants to boost liquidity by selling portions of its private equity fund interests, CEO John Powers told PEO.

A California political ethics commission is investigating CalPERS board member Charles Valdes, who received $38,600 in campaign donations linked to Alfred Villalobos' placement firm.

Richard Valdes received $38,600 in campaign donations in 2005; much of them tied to placement agent Alfred Villalobos, who since 2006 has secured more than $4bn in CalPERS commitments.

A group of LPs has asked Sun Capital for the ability to shrink commitments to its $6bn fifth fund because of ‘liquidity issues’ and asset allocation imbalances.

The women’s apparel company last year rejected an unsolicited offer of roughly $175m from KarpReilly and HIG.