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Texas Teachers’ Pledged $1.1B In Fourth Quarter

Posted on: January 30, 2013 by Gregory RothNo Comments »

The giant Texas Teachers’ Retirement System committed more than $1.1 billion to private equity across seven investments in the fourth quarter, with some pledges going to long-time partners and some to new relationships…

Minnesota Investment Board Pledges $625M To Four Funds

Posted on: March 9, 2012 by Gregory RothNo Comments »

The Minnesota State Board of Investment, which manages $57.5 billion for several state pension funds, has been ramping-up its private equity program during the last several months, pledging $625 million to four funds at its most recent meeting.

Majestic Star Completes Restructuring

Posted on: December 5, 2011 by asormaniNo Comments »

Majestic Star Casino has successfully completed restructuring and emerged from Chapter 11 bankruptcy, writes Reuters. The casino operator, which had filed for bankruptcy in November 2009, said it eliminated over $500 million in debt, Reuters reports. Private investment funds managed by Wayzata Investment Partners will be the largest holders of Majestic Holdco. (Reuters) – The [...]