Staff Writer

The leader of TPG’s The Rise Fund, the most prominent impact investor in the industry, has been charged over his alleged role in a college admissions bribery and money laundering scam. The fallout could be significant.

The investment platform includes three strategy-specific funds and a flagship vehicle that would deploy capital across all strategies.

Co-investment management fees could become more common amid fears that limited partners are rushing into deals to avoid charges. “Everyone is asking for co-investments,” Kaarina Suikkonen, managing partner at Swiss family office advisory Apaja, told delegates at Private Equity International‘s Women in Private Equity Forum on 21 November. “It used to be the way to reduce […]

Responsible investing is moving up the agenda as a new generation takes the reins at family offices.

The private markets firm is two-thirds of the way to the $500m target for Fund VIII which can acquire stakes in funds focusing on the strategy.

Solid growth in the fund’s agriculture and infrastructure PE holdings helped drive net profit of $44m.

Worries over volatile geopolitics, including the tension surrounding North Korea, are making LPs act cautiously.

The chief investment officer for the US’s largest pension fund emphasised long-term performance over short-term results on a media call with reporters.

The $53bn US pension posted a first-quarter return of 2.51% for an allocation covering private debt, private equity and venture capital.

Dillon Lorda’s departure is part of a series of recent personnel changes at the investment consulting firm.