Annabelle Ju
Houston-based healthcare investment firm CRG has seen an increase in its average investment size as increasingly more healthcare companies seek financing.
Investment research provider Morningstar is purchasing private market data provider PitchBook, which currently serves about 180 private equity firms, as investors’ interest in private equity and venture capital grows.
The placement agent hired Joan Tan from Diamond Dragon Advisors in Shanghai to oversee fund placement with Asian LPs.
The Connecticut system of pension funds, which allocates 9.2% of its $30bn in assets to private equity, named Laurie Martin deputy CIO to replace Deborah Spalding, who became CIO in July 2015.
Hamilton Lane invested in and partnered with private equity data provider Bison to launch Cobalt, which offers separate tools for LPs and GPs.
The growth-oriented firm raised $410m after fundraising for about three years.
The Los Angeles-based family office, with $2bn in assets under management, has launched Highview Capital with an evergreen pool of capital to invest in private equity with a long-term, flexible mandate.
Thoma Bravo’s funds have satisfied their LPs to justify their streak of no preferred return going forward.
Jeffry Brown, who joined the Neuberger Berman subsidiary as a founding partner in 2011, now sits on three boards amid semi retirement.