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 founded by the former head of secondaries at the Canada Pension Plan Investment Board Yann Robard received a boost from the Alaska Permanent Fund Corporation.
China-based Hosen Fund III, which focuses on food and agribusiness, raised $440m after eight months in market.
The seed- and early-stage fund of funds managed by Sun Mountain Capital and backed by the New Mexico sovereign wealth fund may also beat its target by $5m to $10m.
The planned commitment is up $20m from the pace achieved in 2016.
ACG ex-vice president of public policy says there are opportunities for discussions in US Congress on private equity this year.
The C$270bn Canadian pension and insurance asset manager’s net private equity assets also rose 16% from 2015 to 2016.
The $2.6bn pension fund increased the amount it committed to the asset class in 2016 in an effort to reach its new target.
Genstar Capital Partners VIII has a $3bn cap and plans to raise additional co-investment capital for a planned final close in March.
Fund managers may be placing themselves at a disadvantage by pulling back their compliance efforts, an asset management lawyer says.
The Portuguese bank was bailed out in 2014 with €4.9bn from the central bank of Portugal.