Jennifer Harris

The chairman of China’s largest life insurer wants the government to allow insurers to make private equity-style investments as well as invest in private equity funds.

Aureos Capital has made its first investment out of its current Latin America fund, which is targeting a $300 million final close in June.

The middle market vehicle easily passed its $2.5 billion target, and more than triples Jordan’s capital under management.

The Riverside Company opened its first Asian offices in Tokyo and Seoul last year, and has now completed its first deal in the region with the acquisition of Japanese parking lot operator Shinsouki.

Emerging Capital Partners has made its fourth investment in the African mining sector with the acquisition of a 16 percent stake in gold producer Central African Gold.

Drawing on the resources of its parent company Invesco, WL Ross & Co. has raised a distressed investment vehicle three times the size of its predecessor.

The Colorado Public Employees’ Retirement Association has created a new allocation bucket for investments that fall outside of its existing asset class definitions.

NEA- and Greylock-backed Northern Light Venture Capital has held a final close on $350 million for its second fund, less than two years after closing its $125 million debut vehicle.

Speaking on a World Economic Forum panel dedicated to sovereign funds, the Blackstone chairman and chief executive praised the funds and likened them to US state pensions as institutional investors.

The Carlyle Group has added four to its West Coast offices, hiring two managing directors from Sevin Rosen and Pequot Capital, and transferring two executives internally.