In The News
Incline Equity Partners has closed its fifth fund at $1.165 billion.
Federated Investors, Inc., a leading global investment manager, intends to change its name to Federated Hermes, Inc.
CalPERS’ market value reached $400 billion Thursday, reaching a new landmark and reflecting a doubling of the fund’s portfolio from 10 years ago.
Departures come as CDPQ aims to increase its private-equity allocation north of 15%.
The leaders ousted for fostering a toxic workplace at the Silicon Valley Community Foundation walked away with tens of thousands of dollars in severance pay, tax filings show, revealing the cost of a scandal that rocked the nation’s largest charitable organization of its kind.
Firm announced the final closing of KKR Next Generation Technology Growth Fund II, a $2.2 billion fund dedicated to growth equity investment opportunities in the technology space in North America, Europe and Israel.
Firm announced the final close of Lexington Capital Partners IX, L.P. and associated vehicles with a combined $14 billion in total commitments.
Firm announced the final close of its flagship U.S. fund, HarbourVest Fund XI, which closed above its $2 billion target at $2.61 billion.
Firm has adopted an updated brand platform, and as part of that effort, has launched a new website. Changes are intended to better reflect and communicate the firm’s offerings and competitive positioning.
By adding LRWL’s business process, technology, and pension system implementation experience to Segal’s array of consulting services, the company is enabled to better support current and future public sector clients.
