Matt Levin

A letter sent to Apollo limited partners explains the fund’s IRR will drop only minimally if an investment in the now-bankrupt housewares giant is marked down to zero.

Former Los Angeles City Employees Retirement System general manager Robert Aguallo has moved to the private sector joining infrastructure investors Cardinal Americas.

Fred Buenrostro has confirmed he will end his six-year reign at the US' largest public pension, which is also losing its CIO, Russell Read.

The buyout firm has tapped White House economic aide Bryan Corbett for its governmental affairs team, just a week after KKR hired a former Bush campaign manager for a similar position.

The Florida-based buyout firm continues its international expansion.

Kathie Painter will join the firm’s London office.

Goldman Sachs, currently raising $7.5bn for infrastructure, isn’t the only investment banking giant looking to capitalise on the increasingly popular asset class.

In the wake of Yucaipa-owned Aloha Airlines’ bankruptcy, yet another private equity-owned commercial airline has crashed.

Amid significant turnover, former vice president of private equity Jane Mendillo will return to the world's largest university endowment after leaving the Crimson for Wellesley College in 2002.

The alternative assets giant has issued a statement downplaying the damage credit-focussed Carlyle Capital Corporation may cause the overall franchise.