Sam Sutton

Sun Mountain Capital has agreed to new transparency requirements in response to a minor controversy surrounding its investment in Growstone through the state’s co-investment programme.

The sale of EUSA Pharma to Jazz Pharmaceuticals will generate $200m in proceeds for Essex Woodlands, says managing director Dr. Petri Vainio.

Joseph Rice, a pioneer of the buyout model who will leave the firm in June, earlier this year said at an industry conference that CD&R would likely never go public like several of its peers.

The Mexico City firm raised $120m through Mexico’s public pension system, which can only invest in private equity through public vehicles known as certificados de capital de desarollos.

The Brazilian investment bank’s IPO was backed by JC Flowers & Company, the Ontario Teachers’ Pension Plan Board and several major sovereign wealth funds.

The global fund of funds specialist has hired former JP Morgan managing director Sally Shan to expand the firm’s efforts to Beijing.

Governor Nathan Deal has approved legislation that will allow the state’s $13bn Employees’ Retirement System to invest up to 5% of its assets in alternatives.

Erick Bronner has been named the head of The Riverside Company’s investor relations team after parting ways with Mercury Capital Advisors in January.

The Chinese private equity firm has returned to market after generating strong returns with its debut vehicle, a $950m 2008 vintage.

TPG has come back to the market with its sixth Asia vehicle, targeting $4bn. The firm allowed LPs to lower their commitments by as much as 10% on its previous Asia fund in 2009.