Fundraising

Christopher Casey, who previously spent time at AIG Investments, joined Post Oak in 2010 to help raise the firm's debut fund.

The Teachers’ Retirement System of Louisiana has seen a lot of managers over the past few months, allowing it to cherry-pick its favourite funds, a luxury limited partners say they enjoy in the crowded fundraising environment.

The National Council for Security Fund is the latest LP to partner with eFront as a way of screening foreign GPs and receiving automated performance reporting.

An Oxford University and London Business School study shows private equity’s outperformance of the S&P 500 over 30 years was generated by the industry’s top-decile all stars.

The stain of New York and New Mexico’s pay-to-play scandals is a factor LPs are considering as implicated firms return to market.

Fund managers are becoming more receptive to secondary sales as a way of addressing LPs liquidity concerns, according to an industry panel.

Lower fees and a European-style waterfall has led to BC Partners closing the biggest buyout fund to be launched in Europe since the collapse of Lehman Brothers, having held a final close for BC European Capital IX at its hard cap of €6.5bn.

Fees and expenses will be paid back to LPs before the group collects its share of carry, however pending bank regulations prevented Credit Suisse from putting more 'skin in the game'.

Dörte Höppner, Secretary General of the European Venture Capital Association, talks to PEM about the association’s key regulatory priorities in 2012.

Despite the higher capital charges, European insurers say they plan to increase their private equity investments under the Solvency II framework as a way of capturing yield.