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Jason Wood focuses on co-investments Worked at Zurich Alternative Asset Management for three years Not clear if Zurich is directly replacing Wood Jason Wood, a director at Zurich Alternative Asset Management, left recently and joined AIG Investments, according to a source and Wood’s LinkedIn profile. Lauren Kochendarfer, a spokeswoman with AIG, confirmed that Wood joined AIG […]

British private equity firm Hilco Capital says production at the Toronto factory of Tilley Endurables has risen since Hilco bought the Canadian hat and clothing maker this past summer. Tilley also has new leadership with the recent hire of former New Balance executive Andrew Prendergast as president and CEO.

Kamran leaves Madison Capital after more than eight years Headed up Madison’s healthcare leverage finance team Follows Senior MD Devon Russell, who left in July Faraaz Kamran has left Madison Capital Funding LLC after more than eight years. The managing director and head of Madison Capital’s healthcare leverage finance team “is no longer with Madison Capital […]

Firm closed previous fund in 2011 In talks with LPs about a $5.5 bln target Not clear when fund will officially launch Berkshire Partners is talking to limited partners about its next flagship fund with a target of $5.5 billion, according to two LPs who have heard the pitch. It’s not clear if Fund IX is officially […]

Despite a weak fundraising market in the third quarter, a murderers’ row of some of the industry’s most sought after general partners is expected to return to market at some point in the next year, according to data from Buyouts and Bison. LPs expect technology specialist Silver Lake to return to market with the fifth iteration […]

Leonard Green back in market with Fund VII Expects first close in first quarter No hard cap set yet Leonard Green & Co is targeting $7.5 billion for its seventh fund, according to two limited partners who have heard the pitch. The firm anticipates holding a first close on Fund VII in the first quarter, the […]

To get a feel for emerging managers in the market, Buyouts did a roundup of debut and sophomore efforts that have been fundraising this year. We then compiled the top 20 by target size. The largest of all the funds from emerging managers was Searchlight Capital’s second fund. Searchlight Capital II LP is almost halfway toward its goal of raising $1.8 billion — […]

Firm: Pantheon Fund: AMG Pantheon Fund LLC Target: Fund registered to sell $500 mln Pantheon’s new AMG Pantheon Fund marks the manager’s first product built from the ground up for retail investors under the same regulatory regime as publicly traded mutual funds. “It’s intended to be a long-term vehicle for people to come into and let their […]

Private equity is struggling in its battle against strategics to buy companies, according to executives who spoke at the Mergermarket Consumer M&A Forum earlier this month. Strategics, armed with a massive war chest, have a cash advantage in deals, said Eric Roth, a Lazard managing director and head of the firm’s Consumer Retail Group. U.S. non-financial […]

Committed Advisors, the French secondary shop that spun out of AXA Private Equity in 2010, opened its New York office in early October, bringing over one of its partners from Paris to run operations, according to Managing Partner Daniel Benin.