Ascend Partners Raises $570m for Debut Healthcare Fund

Ascend Partners Raises $570m for Debut Healthcare Fund

Ascend Partners has collected $570m for its first fund, which is focused on healthcare investments in companies that work with underserved and vulnerable communities. Started by urgent-care chain CityMD co-founder Dr. Richard Park and In Seon Hwang, a former Warburg...
Hollyport Capital Seeks $2 Billion for Secondary Deals

Hollyport Capital Seeks $2 Billion for Secondary Deals

Hollyport Capital, which focuses on acquiring stakes in older private-equity funds, is seeking $2bn across two vehicles to pursue the strategy as the market expands, documents presented at a public meeting of the Connecticut Retirement Plans and Trust Funds show....
PennSERS to put up to $350m in various alts funds

PennSERS to put up to $350m in various alts funds

Pennsylvania State Employees’ Retirement System, Harrisburg, approved four new investment commitments totaling up to $350m, confirmed Pamela Hile, spokeswoman for the $39bn system. At its Wednesday meeting, the system’s board agreed to commit up to $100...