Sam Sutton

Firm yet to set a hard cap SK Capital raised $1 bln in 2014 Recent deal activity included carve-outs of chemical, pharmaceutical businesses SK Capital is back on the market with a new fund targeting $1.4 billion, according to a limited partner with knowledge of the fund. The firm hasn’t set a hard cap for SK Capital […]

$350 mln commitment Washington’s first with Sequoia Sequoia has avoided most public LPs for more than a decade Unclear whether Washington will disclose fund performance in future investment reports Washington State Investment Board appears to be the first major public pension to back Sequoia Capital’s new $5 billion growth fund. The $128.8 billion retirement system […]

Indiana U. study ties rising valuations to market timing Studies, SEC believe firms boost returns around fundraising “It’s a simple timing-of-fundraising story”: Indiana’s Hüther Limited partners and the SEC have long suspected that private equity firms goose portfolio-company valuations around the time they market new funds. A new study suggests the link between fundraising and […]

“We can grow quite a bit”: COO Gray Firm recently hired McRaith to new insurance platform Blackstone eyes investors in $1 mln to $5 mln range Blackstone Group is ramping up efforts to tap into multitrillion-dollar markets of smaller retail investors and insurers, President and Chief Operating Officer Jonathan Gray said during a first-quarter earnings call. […]

Bill expands jurisdiction of deals reviewed by CFIUS CFIUS rejected PE-backed semiconductor deal last year ILPA shares American Investment Council’s concerns Private equity’s lobbying arm is directing its attention toward a new bill that could complicate PE deals led by firms backed with foreign cash. The proposed bill would expand the scope of the Committee on […]

CalPERS hires Elisabeth Bourqui Succeeds Tollette as chief operating investment officer Will help direct changes in PE, asset allocation: Eliopoulos California Public Employees’ Retirement System hired the former head of ABB Group’s pension-management team to succeed Wylie Tollette as its chief operating investment officer. Elisabeth Bourqui will take over for Tollette on May 14. Her responsibilities will include the day-to-day management and […]

Vision Ridge raised $430 mln in 2016 Previous fund supported by Grantham Foundation, Capricorn Investment Firm founded by Reuben Munger in 2008 Vision Ridge Partners is marketing a $600 million private equity fund for sustainable investments, following up on a $430 million vehicle the firm closed in early 2016. Vision Ridge disclosed some details of […]

Fund III held final close on $380 mln in mid-2016 Juggernaut specializes on consumer, business services brands Fund III netting 9.6 pct IRR, per CalPERS Juggernaut Capital Partners is back on the fundraising trail less than two years after closing its third flagship fund above its $350 million target. The firm’s fourth flagship fund is […]

New fund to invest in companies valued up to $2 bln Previous fund netting IRRs in excess of 21 pct as of Dec. 31 Energy credit team led by Robert Horn, Michael Zawadzki GSO Capital Partners, Blackstone Group’s credit arm, is raising a $5 billion fund to invest in the credit structures of energy companies, an LP […]

New fund to invest up to $250 mln per company Fund IX held final close in 2016 with more than $600 mln from Kelso Maine PERS, Louisiana Teachers’ among Fund X LPs Kelso & Co is raising $2.5 billion for its 10th flagship fund, according to a Hamilton Lane report prepared for Teachers’ Retirement System […]