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
Posted on: October 3, 2009 by PEHub Administrator
NEW YORK (Reuters) – A group of investors including Starwood Capital Group and private equity firm TPG are the likely winner of the auction for assets of failed Corus Bank, a source familiar with the situation said on Friday. The Federal Deposit Insurance Corp (FDIC) is running the auction, which is being watched for its [...]
Tags: Corus Bank, Starwood Capital, TPG Partners