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Matt Levin

The energy specialist has promoted former Merrill Lynch investment banker David Hayes and former Hunt Oil vice president Colin Raymond from principals to managing directors.
The $182bn pension, struggling with the denominator effect, will vote next week whether to raise the upper limit of its target allocation to private equity and real estate. The fund also has committed $150m to Carlyle’s dedicated financial services fund.
The Boston-based fund of funds manager will invest a separate account for the $27.9bn Alaska Permanent Fund. In a separate action, the oil fund approved a minimum $200m commitment to its gatekeepers for each of the next five years.
Chicago Mayor Richard Daley has approved the bid from the investment bank’s infrastructure group to operate the city’s 36,000 metered parking spaces. The bid, if given approval by city council, would be the first long-term privatisation of a major metropolitan parking system in the US.
The pan-African specialist will take board seats on Finagestion, a water and power supplier for Côte d’Ivoire and Senegal.
The San Francisco-based firm, launched by CalPERS last year, has hired former Goldman Sachs healthcare specialist Christopher McFadden to head its first East Coast presence. Health Evolution has already invested and exited one portfolio company with a markup 'north of 25%'.
The Australian investment firm is planning to shed its real estate and operating leasing units after announcing it would retain them this summer. The struggling publicly listed firm will slash its workforce by more than 800 in an effort to repay A$3.1bn in debt.
The $184bn pension, struggling with the denominator effect, committed $750m to Blackstone’s previous buyout vehicle. CalPERS documents confirmed rumours that Blackstone has lowered its fund target to between $15bn and $20bn.
The West and Central African-focused firm has invested an undisclosed amount in Dorman Long Engineering, a Nigerian oil and gas services provider. In May, Travant held a $107m first close on its debut fund.
The private equity giant has named Christopher Dodds as a senior advisor less than three months after the departure of financial services co-head David Zweiner. In related news, the firm also exited telecom company Crest Communications for $70m.

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