Graham Winfrey

The system has hired Cambridge Associates to conduct a review of its emerging manager programme.   

The firm will sell insurance software company Applied Systems, which it acquired in 2006 for about $675m. 

The firm has hired Chris Leach as a partner one week after adding former Willis Stein partner Philip Pool as co-chairman.

The placement agent has hired six professionals, including partner Kirk Rostron, bringing its staff count to 32 across nine offices globally.

Limited partners will likely shift away from making commitments to diversified fund of funds due to poor relative performance and a move toward more customised strategies.

Dallas-based LP Analyst will provide limited partners with a variety of consulting services focused on fund monitoring and portfolio evaluation. The firm will work with investors in private equity, real estate and distressed debt, among other asset classes.

The Toronto-based firm, which manages private equity and real estate, has hired managing director Tony Morgan from CPPIB to help identify opportunities in the European market.

Warburg Pincus has received commitments from 340 investors for its latest buyout fund, which will target real estate and other strategies. The firm also will offer a fee break to LPs committing $200 million or more.

The US Securities and Exchange Commission has received nearly twice as many registration applications than previously projected as firms scrambled to register by today's deadline.

CPPIB’s private investments chief Mark Wiseman will take over as CEO following the retirement of David Denison in June. Wiseman joined CPPIB from the Ontario Teachers’ Pension Plan in 2005.