Massachusetts Pension Reserves Investment Management Board, private equity, pension fund
119 Views

MassPRIM commits $600 mln, expands PE program

Massachusetts Pension Reserves Investment Management Board committed $600 million across three funds, almost matching its total prior allocation to private equity this year. The board of the $78.1 billion retirement system, which convened last week, committed $300 million to Hellman & Friedman Capital Partners Fund IX, $150 million to Technology Crossover Ventures X and $150 million […]

Massachusetts Pension Reserves Investment Management Board, private equity, pension fund
176 Views

MassPRIM commits $600 mln, expands PE program

Massachusetts Pension Reserves Investment Management Board committed $600 million across three funds, almost matching its total prior allocation to private equity this year. The board of the $78.1 billion retirement system, which convened last week, committed $300 million to Hellman & Friedman Capital Partners Fund IX, $150 million to Technology Crossover Ventures X and $150 million […]

307 Views

Accel-KKR targets $500 mln for third growth fund

Accel-KKR, a technology-focused investment firm, attracted a slew of commitments from investors in recent weeks for its latest growth offering, which is targeting $500 million, according to an SEC filing and Buyouts research. Accel-KKR Growth Capital Partners III has attracted at least $155 million in the past month across five pensions, Buyouts research found. Merced County […]

Oregon Investment Council, Vista Equity Partners, private equity, pension fund, software
323 Views

Oregon makes biggest bet so far in ’18: $500 mln on Vista

Oregon Investment Council re-upped with Vista Equity Partners in what has been the pension’s single largest fund commitment this year. Last week, the council, which oversees Oregon Public Employees Retirement Fund, committed $500 million to Vista’s seventh fund. The firm invests exclusively in enterprise software and technology-enabled-service businesses. According to a TorreyCove Capital Partners memo, the fund […]

CalPERS, pension, private equity
356 Views

CalPERS may channel more dollars to buyouts, give staff added flexibility

Investment staff at California Public Employees’ Retirement System have proposed to notch up their target suballocation to buyouts, and to ease limitations on choosing buyout and other kinds of private equity funds. The proposal has been overshadowed by a recent flurry of news at the $356 billion pension fund, the country’s largest. This includes the […]

768 Views

Five Questions with Nick Russell of Tuckerman Capital

Tuckerman Capital is a private investment firm that works exclusively with independent sponsors to acquire niche middle-market industrial companies. The firm has raised five funds. Co-Founders Peter Milliken and Tim Briglin conceived of the idea of starting Tuckerman Capital while working together at Green Mountain Partners. In 2001, they established the firm, aiming to become the first-call “partner of choice” […]

CapVest, Texas Municipal Retirement System, State of Wisconsin Investment Board, Alameda County Employees’ Retirement Association, private equity, pension fund
297 Views

CapVest targets $1 bln for Europe-focused healthcare fund

CapVest, the London private equity firm, has attracted three U.S. pensions to commit to its EU healthcare-focused fund, CapVest Equity Partners IV. Fund IV is targeting $1 billion. Texas Municipal Retirement System, State of Wisconsin Investment Board and Alameda County Employees’ Retirement Association have made commitments totaling more than $137 million. The Texas and Wisconsin systems approved […]

New Mexico State Investment Council, private equity, pension fund, limited partners, Blackstone Group, energy, fund
210 Views

Blackstone captures $100 mln from New Mexico for latest energy fund

Blackstone has received a lift on its latest energy fund after New Mexico State Investment Council doubled down on its commitment to the leading asset-management company. In the meeting, presided over by New Mexico Gov. Susana Martinez, the council voted to commit $50 million to Blackstone Energy Partners III. Investment staff used its own discretion to […]