Annabelle Ju
Based in New York, Annabelle Ju covers North American institutional investors and fund regulation as the US Private Equity Reporter for Private Equity International and private funds management. She previously reported on market structure at Bloomberg and obtained her Master of Science degree from Medill School of Journalism at Northwestern University.
The firm’s eighth flagship fund, Wind Point Partners VIII, expects to hold an interim close on its way to its $750m hard-cap.
The Iowa Public Employees’ Retirement System is keeping its $800m annual commitment level to private equity, which it raised from $700m in 2015.
Andrew Ceresney, who has been the head of the SEC's largest division for nearly four years, is at least the 7th person to leave the regulator since the 8 November US presidential election.
The firm has begun issuing primary documents for its next fund, which hasn’t officially launched yet, and will be seeking to raise more than twice the amount it targeted for its second fund.
Retail investors were the fastest-growing and largest group of any investor type in impact investing AUM in 2015, according to the Global Impact Investing Network’s annual report.
Carlyle’s newest operating executive, Michael Silverstein, who has specialised in consumer and retail for almost four decades at The Boston Consulting Group, said investing in the sector was ‘very aggressive’ in 2016.
Columbia University’s investment management company, which has more than 20% of its $9bn assets in private equity, promoted a managing director after former CIO Peter Holland was promoted to CEO.
.jpg "Massachusetts PRIM releases 5-year carry data")
PRIM, which has been building on its co-investment programme to cut fees and carry, has steadily reduced carried interest expenses in the past few years.
Beyond continued interest in traditional PE funds, high-net-worth individuals are increasingly seeking access to direct investments alongside GPs, says Lawrence Calcano, CEO of iCapital Network.
WL Ross’s Wilbur Ross, who was a fervent supporter of President-elect Donald Trump during the campaign, was appointed secretary of commerce on Wednesday.