Private Equity

Global alternative asset manager Carlyle Group has raised approximately $612 million for its first U.S. collateralized loan obligation fund of 2017.

Global investment management firm Schroders has agreed to acquire Zürich-based private equity specialist Adveq Holding AG as the company expands its private assets business.

Warburg Pincus has named software industry veteran and Pivotal Software executive chairman Paul Maritz as an industry advisor to its technology, media and telecom group.

Private equity investor AUA Private Equity Partners has announced the 2017 class of its AUAccelerate accelerator program, operated in partnership with the Illinois Hispanic Chamber of Commerce, which mentors emerging minority or woman-owned businesses in the U.S. 

Private equity company Madison Dearborn Partners (MDP) has named information services industry veteran John Lewis as an executive partner to help the firm pursue attractive investment opportunities across the information services landscape. 

Private equity company Silver Lake has raised a total of $15 billion in capital commitments for its fifth technology-focused buyout fund, well surpassing its $12.5 billion target. 

Private equity companies, hedge funds and even some investment banks are flocking to shale energy ventures despite last year's bloodletting among U.S. producers, betting heavily on and industry resurgence anchored not on rising oil prices, but on dramatic cost reductions. 

Law firm Andrews Kurth has named investment management lawyer and former Schulte Roth executive J.R. Morgan as counsel in its corporate practice.

The California Public Employees Retirement System, or CalPERS, is reportedly evaluating how it invests into private equity funds, and the changes it considering could affect how much the largest pension fund in the United States pays fund managers.

Global private equity firm The Riverside Company has completed fundraising for its first non-control investment fund, raising $418 million in investable capital (including separately managed accounts) and easily surpassing its target of $350 million.