Fundraising

As The Riverside Company's first president, Jamie Kiggen will help manage the firm's investor relations unit and provide investment expertise on select transactions.

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.

Speaking at the PEI Private Fund Compliance Forum in New York, the SEC’s Carlo di Florio warned GPs they should adequately address potential conflicts of interest to safely clear the inspection process.

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.

The British dependency has reworked its rules so that re-domiciled funds can continue using their previously selected fund administration providers from abroad.

Not all in the industry believe the ability to publicly advertise fundraising efforts will lead to significant change.

Fund structures are a big deal at the moment...

The US Senate recently passed legislation that would eliminate restrictions prohibiting private equity firms from publicly marketing their funds.

SL Capital Partners has reshuffled its senior management team following the decision of its chief executive David Currie to retire.

The Carlyle Group has included a structure in its sixth fund that allows LPs to sell fund stakes early, taking bids from a group of five preferred secondary buyers.