Andrew Hedlund
The European mid-market firm invests both debt and equity across the capital structure.
The buyout firm is just the latest in a string of technology specialists to launch a debt arm.
The former co-chief investment officers of Credit Suisse Park View, the Swiss investment bank’s one-time business development company, have launched a private credit arm at Capital Dynamics. Jens Ernberg and Tom Hall have joined the Zug, Switzerland-based firm as co-heads of its Private Credit Asset Management division and are based in New York, according to […]
The $9.19bn pension plan, which has 16% of its assets in private equity, saw total fund gross quarterly returns missed its benchmark by 0.1%.
Kravis and Roberts say the promotions are ‘about the future’ and making sure the firm can serve its investors ‘for decades to come’.
The chief investment officer for the US’s largest pension fund emphasised long-term performance over short-term results on a media call with reporters.
The new CIO has been with the pension system for more than 20 years.
The asset manager has already invested more than $500m from HarbourVest Partners Co-Investment IV.
Officials at the public retirement plan behemoth are set to provide feedback on Monday.
The deal adds yet another portfolio company to Dyal’s growing list of investments in alternative asset managers.