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.
.jpg "US PE saw strongest performance in 8 quarters in Q2")
Cambridge Associates’ US private equity index posted a 3.98% net IRR in Q2, the highest since it reached 5.44% in Q2 2014.
The respondents in PEI’s exit poll leaned heavily towards Democratic nominee Hillary Clinton, who won 77 percent of the votes, versus 15 percent for her Republican rival, Donald Trump.
The fund launched in the first quarter of 2015 and will target the mid-market upstream oil and gas investment opportunities resulting from the energy market dislocation.
.jpg "CVC sells majority stake in AlixPartners")
AlixPartners founder Jay Alix, Canadian pension funds CDPQ and PSP Investments, and Middle Eastern investment firm Investcorp are acquiring CVC’s ownership stake valuing AlixPartners at more than $2.5bn.
KPS is selling the North American glass manufacturer for over $1bn after a 2.5-year holding period.
Carlyle’s $100bn fundraising plans will hit the firm’s fee-related earnings in the short term, according to the rating agency.
.jpg "LPs emphasise transparency in GP selection process")
A private equity survey found transparency has become more important in the GP selection process, while GP reputation has fallen in importance.
The Chicago-based growth equity firm has added Kim Vender Moffat and Michael Drai to its team of managing directors, which now has nine professionals.
Teacher Retirement System of Texas moved up one spot from last year’s AIC annual public pension fund analysis, which ranks the top performing public pensions’ PE portfolios.
The New York-based bank plans to request additional extensions for the vast majority of the $2.3 billion investments while considering other options, such as secondaries sales.