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.
TCA is seeking to raise up to $400m to make longer-term investments in growth-stage companies in the US and the UK that are in need of more permanent capital.
Tillage Commodities Fund claims SS&C was showed ‘gross negligence’ over a series of wire transfers that resulted in $5.9m in losses for the fund.
Bob Swan, former eBay CFO, will start at Intel on 10 October as executive VP and CFO.
The placement agent said it plans to hire more professionals in London to expand its European services.
Riverside Micro-Cap Fund IV closed on $650m, including a 5% GP commitment, and has already made two platform acquisitions so far.
The Los Angeles City Employees’ Retirement System is seeking to extend its contract with Portfolio Advisors to give LACERS more time to evaluate the market for private equity consulting services.
Align Capital Partners began fundraising its first fund in June and raced past its $250m target toward its $325m hard-cap.
After about a year of fundraising, commitments from existing LPs reached $790m, surpassing the original $750m target.
The New York-based firm came in 2007 to enter co-ownership of Penton alongside Wasserstein & Co.
The latest monthly report from the largest US pension fund shows its commitment to two private equity funds totalling almost $1bn, while it decided to forego committing to a KKR vehicle.