| View this email online The Wire Sept. 23, 2021 NYC Comptroller names head of private equity, GA-backed Alternate Solutions Health Network considers strategic deals Happy Thursday! Here’s something to look out for, in case you happen to be raising a fund -- NYC comptroller Scott Stringer announced that senior investment officer Eneasz Kadziela was promoted to lead private equity for the entire city system. That’s an about $18 billion portfolio across the five pension funds that make up the city system. And, General Atlantic-backed Alternate Solutions Health Network is considering potential strategic deals, working with Harris Williams after receiving unsolicited interest from buyers, writes Sarah Pringle on PE Hub today. GA took a minority stake in the company in September 2017. The company generates around $50 million of Ebitda, Sarah wrote. Read it here. That’s it for me! Have a great rest of your Thursday. Reach me with tips n’ gossip, feedback or book recommendations at cwitkowsky@buyoutsinsider.com or find me on LinkedIn. Read the full wire commentary on PE Hub... Also of note (may require subscriptions) Add-on: Center Rock Capital-backed LINC Systems added-on Air-O Fasteners, which distributes fastening equipment and consumable products for a variety of end markets. Center Rock invested in LINC Systems in 2018. Read more here on PE Hub. Inflation: Federal Reserve officials appear to be getting less sanguine about inflation as forecasts for core inflation in 2022 continue to grow. Eagerness to start raising interest rates is growing, according to WSJ. Read more here. Digital: Clearview Capital invested in Next Net Media in partnership with management. The investment was the ninth from Clearview’s fourth fund, which closed in 2018. Next Net Media will continue to be led by co-founders Marc Hardgrove and David Martin, which retained significant equity stakes in the business. Read more here on PE Hub. PE Deals They said it “These missed opportunities (and any future missed opportunities) of high-performing, in-demand managers have the potential to negatively impact [city pensions’] ability to maximize risk-adjusted returns.” Alex Done, deputy comptroller of NYC pensions, in a memo earlier this year on the risk of the system missing out on in-demand private equity funds. Today's letter was prepared by Chris Witkowsky Subscribe now to get full, unlimited access to all PE Hub content, including every PE Hub Wire article. FIND OUT MORE Please visit Buyouts for the latest insight into LP activity and Venture Capital Journal for comprehensive coverage and analysis of what’s happening in VC. London | New York | Hong Kong PEI Media Group Ltd is registered in England no.6135779 Registered office: 7th Floor, 100 Wood Street, EC2V 7AN To update your PE Hub email preferences, or to unsubscribe, click here. | 