Stellex Capital Management is expected to raise a big chunk of its third flagship offering’s target in a first close, sources told Buyouts.
AgriVest avoids delisting amid Arkansas ESG pushback: Arkansas' ESG Oversight Committee has the power to force the state's Teacher Retirement System to divest from private investment funds managed by GPs deemed to be discriminating against companies on ESG grounds. (Agri Investor)
Biden’s LNG pause creates further uncertainty for investors: The ramifications of the LNG moratorium will likely be short term – for the most part – but it still fogs up a thriving market. (Infrastructure Investor)
How CalSTRS tracks PE managers’ net-zero progress: The California pension has been monitoring GPs’ efforts to reduce carbon emission through an annual survey and a colour-coded system to categorise private equity-owned assets. (Private Equity International)
Eldridge Industries, a holding company based in Greenwich, Connecticut, with nearly $80 billion in total assets across its insurance and investment subsidiaries, involved in both private equity and private debt, has entered into a joint venture with Raymond James to offer private credit solutions to sponsor-backed portfolio companies. (Private Debt Investor)
Number Crunch: How private equity and venture capital are adapting to new technology. (Private Equity International)
TrueBridge racks up $1.6bn across five funds: LPs in TrueBridge's eighth fund of funds include the City of Tampa General Employees' Retirement Fund, Oklahoma Law Enforcement Retirement System and the University of New Hampshire Foundation. (Venture Capital Journal)
Permira’s head of investor relations and fundraising is leaving by the end of the year, after nearly two decades at the London-headquartered firm, Private Equity International has learned.
