Sam Sutton

The firms, which going forward will no longer raise joint energy funds, invested $450m in Dynamic Offshore Resources in 2008.

The Pennsylvania-based firm, a recent spin-out of PNC Bank, will target equity investments between $10m and $30m for lower mid-market buyouts.

The firm’s sale of Medical Education Technologies to defense contractor CAE is its fourth exit from the healthcare industry this year.

The $26bn pension system appointed Jeffrey Burton to monitor its $6.5bn alternative investments portfolio less than two months after hiring Lauren Lenfest as managing director.

The global private equity firm’s second growth fund will split its investments between the US and Asia, focusing primarily on China and Southeast Asia.

The global private equity firm brought on a former vice president of corporate development to join its San Francisco office.

The $12.1bn pension system made three recent commitments, including a $15m re-up to Lexington Capital Partners’ seventh secondaries fund.

The $83.8bn retirement system’s second quarter commitments focused heavily on mid-market funds.

The Blackstone-backed firm’s largest fundraising to date is one of several Brazilian funds to break $1bn this summer.

The Mexican venture capital firm is targeting seed capital, venture and growth capital investments to capitalise on the country’s rapidly developing alternative asset ecosystem.