Amanda Janis
Since taking the helm at CalPERS in early 2009, CIO Joseph Dear has made it clear he considers private equity a crucial part of its investment strategy. But things haven’t been business as usual: he’s taken fund managers to task over alignment of interest, led an overhaul of the pension’s allocation model, sorted out the aftermath of a ‘pay-to-play’ scandal and hired a veteran private equity chief. Amanda Janis stops by Dear’s office in Sacramento to learn how CalPERS continues to find value in private equity
Weijian Shan, one of TPG's top dealmakers in China for more than a decade before leaving to chair PAG Group, talks with Private Equity International about the Chinese market.
Weijian Shan was one of TPG’s top dealmakers in China for more than a decade. He left the firm last year to become chairman and chief executive of PAG Group, whose private equity arm held a $1.7bn first close this summer on its debut Asian buyout fund, targeting $2.5bn.Though Shan declined to discuss fundraising, he recently talked with PE Asia about China’s macroeconomic climate, its developing private equity industry and the pleasure derived from working on successful turnarounds.
In a rare in-depth interview, KKR co-founder George Roberts discusses both the firm’s and private equity’s ongoing evolution as they move past credit crisis ‘hiccups’ and closer to maturity.
In a rare in-depth interview, KKR co-founder George Roberts discusses both the firm’s and private equity’s ongoing evolution as they move past credit crisis ‘hiccups’ and closer to maturity.
'The last time we fought was when we were about eight years old – and that was over a bicycle,' says KKR co-founder George Roberts of cousin and fellow co-founder Henry Kravis.
One year on from floating its management company and 35 years after its founding, Kohlberg Kravis Roberts continues to aggressively expand and refine its franchise. In a rare in-depth interview, co-founder George Roberts discusses both the firm’s and private equity’s ongoing evolution as they move past credit crisis ‘hiccups’ and closer to maturity.
Strong rebounds across the Permira portfolio were reported in SVG’s 2010 earnings statement, which also detailed £77.4m in private equity distributions linked to deals including TDC and Cognis.
The 6-year-old distressed debt affiliate -- which is also rumoured to be raising a new distressed debt fund -- beat its $400m target.
The firm’s secondary team, which has committed 75% of its $2.9bn Fund VII, has jointly funded the spin-out of a German VC group whose new media portfolio includes some high profile companies like Groupon.