News & Analysis

The newly unveiled PEI 300 ranks Goldman Sachs Principal Investment Area as the largest private equity direct investment programme in the world, just ahead of Carlyle and KKR. The 300 firms on the list have collectively raised less capital over the past five years than in previous years’ rankings.

In this fourth annual ranking of the world’s largest private equity firms you will find many familiar names and placements but also some notable shuffling in the ranks, reflective of a dramatically changed fundraising market as well as the rise of specialist and emerging markets strategies.

Canada-based China Select Capital Partners has received approval from the municipal government of Suzhou Industrial Park to set up funds denominated in the Chinese currency.

An invitation-only gathering of government leaders, academics and senior private equity industry professionals Tuesday in Belgium is part of a planned long-term effort to assess the impact of private equity on the global economy.

CalPERS this week succumbed to public pressure by banning investments with managers who target rent-controlled properties for conversion to market rates. Such deals have burned the pension politically and, in the case of Stuy Town, financially.

Steven Rattner and Howard Margolis (pictured) will manage the family foundation of New York mayor Michael Bloomberg, alongside 18 other former Quadrangle employees. Willett is operating from Bloomberg's Upper East Side Manhattan office.

Steven Rattner and Howard Margolis will join the family foundation of New York mayor Michael Bloomberg, alongside 18 other former Quadrangle employees.

The private equity investment firm has hired Tatsuya Kubo from Fortress Investment Group to head what will it be its second Asian office.

A crucial vote on EU transparency requirements was delayed by a volcano this week, but regulatory overhaul in the US marches on apace.

Diloshini Seneviratne, a senior investment officer on CalSTRS' private equity team, will lead the $133bn pension's foray into infrastructure. CIO Chris Ailman told PEI the private equity 2-and-20 model doesn't make sense for infrastructure.