Graham Winfrey

Mid-market private equity transactions completed in North America this year show a significant disparity in valuations for large and small businesses, due in part to increased availability of debt for larger deals, according to GF Data.

The firm has added director of investor relations Kristie Goodman and director of administration and legal affairs Dana O’Brien, both newly created positions.

KKR co-founder George Roberts told delegates at Private Equity International’s Responsible Investment Forum Thursday sustainable practices are ‘more important than ever’.

Aggregate fund values were written up an average of 7.65% in the fourth quarter, the seventh consecutive quarter of positive fund valuations, according to State Street.

The private equity industry is getting smaller, including fund sizes, deal sizes and fee sizes, according to Carlyle co-founder David Rubenstein at the annual Milken Institute Global Conference.

John Breen, head of funds and secondaries at CPPIB is to step down from the pension. Although it is unclear whether he will also relinquish his position as vice chairman of ILPA, executive director Kathy Jeramaz-Larson said it would be a ‘huge loss’ if Breen did so.

The global mid-market firm has added former CEO of Chemical Lime Christopher Fraser to its operating team, focusing on opportunities in the chemical and materials space.

Limited partners will continue to push for more ‘investor-friendly’ terms in 2011 and are expected to receive ‘more favourable treatment’ from managers, according to a new report.

The California Public Employees’ Retirement System has approved a number of measures recommended by a special review on the use of placement agents.

The Euronext-listed fund of funds is considering committing to new private equity funds and has started a process to buy back up to $75m of its outstanding shares.