Suzanne Weinstock

The $13bn public pension has approved commitments to several alternative investment vehicles including Onex's $4.5bn buyout fund and Silver Point's $1bn distressed debt fund.

PIK structures, frequently found in LBO-related debt offerings and currently being exercised by firms including KKR, Bain and Permira, may be staving off inevitable default to the detriment of debt-holders, according to Standard & Poor’s.

The fund, anchored by a $90m commitment from the Ontario government and backed by LPs including OMERS, is the latest Canadian vehicle aiming to assuage declining venture funding in the region.

The Pacific Northwest technology investor has raised its most recent fund in a matter of months with 100 percent of institutional investors returning.

Ascentia Wine Estates, in which GESD Capital Partners in a principal investor, has acquired eight vineyards alongside wine importer WJ Deutch & Sons and CalPERS-backed Golden State Investment Fund.

Mexican VC IGNIA’s first fund, targeting up to $75m, will seek to create social impact throughout Latin America without sacrificing returns.

The private equity secondaries firm has hired a chief of its Hong Kong office which opened in August 2007.

As senior executives from Bear Stearns scatter across Wall Street, Lisbeth Barron has joined the advisory practice of the New York-based boutique investment bank.

The early stage venture investor will join Partech International, Sequoia Capital and Lightspeed Ventures as backer of the ‘social applications’ company.

John Gage will join a former colleague Bill Joy as partner at the renowned Silicon Valley venture firm, after spending approximately 25 years at global software, systems, services, and microelectronics company Sun Microsystems.