Christopher Witkowsky
The Boston-based firm has closed its eighth growth fund after nine months on the market, and also closed its third venture fund on $520m.
The Boston-based firm has closed its eighth growth fund after nine months on the market, and also closed its third venture fund on $520m.
The Boston-based firm has closed its eighth growth fund after nine months on the market, and also closed its third venture fund on $520m.
Elaine Chan has left the foundation to join the investment office of The Johnson Company, following well-known LP Rick Slocum, who left Robert Wood Johnson in August to become CIO of the family office.
The firm has kept its limited partners updated on the situation with its CEO Daniel Mudd, who has taken a leave of absence amid SEC allegations, even though Mudd was not a ‘key man’ in the firm’s private equity funds.
The firm's co-founder Randal Nardone will assume the role of interim CEO now that SEC-charged Daniel Mudd (pictured) has taken a leave of absence.
The firm's co-founder Randal Nardone will assume the role of interim CEO now that SEC-charged Daniel Mudd (pictured) has taken a leave of absence.
The firm has been growing its European distressed debt trading platform and has brought on Goldman Sachs executive Allen Ukritnukun to lead the team as it works to capitalise on the enormous distressed opportunity in the region.
After two years of significantly lower commitment levels to alternative investments, the pensions system ramped up its commitment pace this year to about $1.8bn as of 30 September, and has chosen managers like Blackstone, GSO and Oaktree.
The distressed investment-focused firm has formed a $300m customised account with New Jersey’s $68bn state pension system to take advantage of the huge need for financing in the mid-market.