Posted on: January 26, 2012 by dtoll
In a city known for cultivating teams with winning records, be it the Giants or the 49ers, the San Francisco Employees’ Retirement System has built a private equity portfolio whose performance tops anything I’ve come across. The diversified, 249-fund portfolio, dating back to 1987, has achieved an overall investment multiple of 1.65x as of June [...]
Tags: California Public Employees' Retirement System, Madison Dearborn Capital Partners, San Francisco Employees Retirement System
Posted on: September 29, 2011 by Jonathan Marino
Things haven’t been going so great over at the Pennsylvania State Employees’ Retirement System. It faces increasing obligations to pensioners, is over-allocated to private equity and has lost staff from its PE investment team. Against that backdrop, the $25 billion pension fund has been seeking buyers for as much as $3 billion worth of its PE investments, one [...]
Tags: ABRY Partners, Battery Ventures, Charterhouse Capital Partners, Cogent, HarbourVest Partners, Madison Dearborn Capital Partners, Nordic Capital, PennSERS, Permira, TPG Partners, UBS