Christopher Witkowsky

The pension system launched its private equity programme in 2009 and has committed about $600m so far.

The firm, which focuses on distressed investments primarily in the US, beat its $2.5bn target.

Barry Miller will take on a new role with Landmark Partners in early June after more than two years running the NYC system’s massive private equity portfolio.

The firm, which has been raising its second Foundation Fund for about eight weeks, has already broken through its $500m target.

The firm will kick in a 3% GP commitment to the fund, which beat its original target and hard-cap.

The firm, formed by former Blackstone senior technology investor Paul ‘Chip’ Schorr, has been raising its debut fund targeting $750m since mid-2011.

The Citi spin-out has reached its target of $3bn though the fund will remain open for some final commitments.

KKR's mezzanine group, led by Marc Ciancimino, has recently exited two of investments, including one of its largest exposures in payment processor RBS Worldpay.

Jordan Robinson, who joined the struggling firm in 2010, is heading to Energy Capital Partners to take on the IR role.

The firm started marketing its eighth distressed investment fund last fall after closing its seventh investment vehicle in 2011.