Christopher Witkowsky

Dusty Wunderlich, a former vice president with embattled placement agent Alfred Villalobos, joined California-based DCA Partners earlier this year.

The firm, which spun out of Credit Suisse First Boston in 2005, is charging a 1.75% management fee and sharing 100% of portfolio company fees with the fund.

The SEC will meet 22 August to ‘consider rules’ eliminating the ban on general solicitations of securities offerings, which has long prevented GPs from widely announcing their fundraisings.

The SEC will not meet its 5 July deadline to finalise rules implementing the JOBS Act, which eliminates the ban on general solicitations by private equity managers.

The CIO of Hamilton Lane recently appeared on CNBC and offered a wide-ranging defense of the industry, including the idea that public pension systems are main beneficiaries of the asset class.

The Kauffman Foundation, a $1.8bn institution, believes the model of the LP/GP partnership is flawed and LPs are to blame for being ‘seduced’ by ‘misleading’ performance data.

A formerly unified LP universe is dividing based on those building customised accounts and those sticking to the traditional fund commitment route, Hamilton Lane CEO Mario Giannini said.

Pam Hendrickson has long been a vocal defender of private equity, and has waded into the growing debate about the merits of the asset class.

Despite a crowded fundraising trail, Vista's fourth investment vehicle was able to corral $3.5bn in commitments by in part featuring slashed management fees and other LP-friendly terms.

Alfred Villalobos, a former CalPERS board member turned placement agent, and the pension system’s former CEO Fred Buenrostro, allegedly tricked Apollo into paying fees for fundraising work they claimed was approved by the pension, the SEC has charged.