Former Aldus Execs To Launch Firm With Emerging Manager Focus

By Lawrence Aragon — 9 years ago

A team led by three former executives from Dallas-based advisory firm Aldus Equity plan to start a new advisory firm focused on investing alongside emerging managers, a source familiar with their plans told Reuters News. The team, led by former Aldus Equity partner Marcellus Taylor, is hoping to attract investors who may see such managers, […]

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Arizona Seeks Managers For $1B Separate Account

By Lawrence Aragon — 9 years ago

The $26 billion Arizona State Retirement System, a newcomer to private equity, is searching for one or more separate-account managers to commit roughly $1 billion over three years. RFPs were issued in October, and responses were due in mid-December. “We have just started evaluating proposals. I don’t expect any awards earlier than March 31, if […]

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Altura Opens Access To New Managers

By Lawrence Aragon — 9 years ago

Many limited partners have mandates to invest with emerging managers, but finding these firms can be difficult. And conversely, it can be challenging for small, new firms to catch the attention of large pension funds. A new database created by New York-based Altura Capital Group should help resolve the dilemma. The Altura Emerging Manager Platform, […]

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NY Closing In On Emerging Manager Adviser

By Lawrence Aragon — 9 years ago

The $155 billion New York State Common Retirement Fund is in the final stages of its search for a manager of its private equity emerging manager program, according to Thomas DiNapoli, the state comptroller and sole trustee of the fund. “We are weeks away from making a choice, and the interviews are moving along. We […]

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TRS Illinois Launches New Managers Program

By Lawrence Aragon — 9 years ago

The Teachers Retirement System of Illinois last month created a new allocation that will steer as much as $100 million per year to emerging managers of buyout, mezzanine and venture capital funds. The new allocation expands TRS Illinois’s emerging managers program, which previously directed $125 million annually to emerging firms specializing in public equity investing. […]

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LPs flock to emerging markets

By Lawrence Aragon — 9 years ago

Institutional investors in emerging markets private equity are ignoring the credit crunch and showing their confidence by continuing to commit money according to a survey conducted by the Emerging Markets Private Equity Association (EMPEA). The research results show that 74% of limited partners are looking to increase allocations to emerging markets private equity over the […]

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LPs flock to emerging markets

By Lawrence Aragon — 9 years ago

Institutional investors in emerging markets private equity are ignoring the credit crunch and showing their confidence by continuing to commit money according to a survey conducted by the Emerging Markets Private Equity Association (EMPEA). The research results show that 74% of limited partners are looking to increase allocations to emerging markets private equity over the […]

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CalPERS Commits More Money To New Managers

By Lawrence Aragon — 9 years ago

The California Public Employees’ Retirement System continues to look for fresh talent. The $240 billion pension recently committed $150 million to Leading Edge Investment Advisors, a three-year-old San Francisco-based funds-of-funds firm that specializes in backing emerging managers, and $150 milllion to Quotient Investors in New York, a months-old quantitative equity management firm. Both firms tilt […]

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Siguler Guff Hits Market With $1B Emerging Market FoF

By Lawrence Aragon — 10 years ago

Siguler Guff & Co. is readying a PPM to raise $1 billion by September for a fund of funds targeting the emerging markets of Brazil, Russia, India and China, with a heavy emphasis on India and China, a person familiar with the matter told Buyouts. The new fund of funds, Siguler Guff BRIC Opportunities Fund […]

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Conn. To Back Minority-Owned, Women-Owned and Emerging Firms

By Lawrence Aragon — 10 years ago

Connecticut’s state pension plan, The Connecticut Retirement Plans and Trust Funds, is looking to diversify its portfolio by backing asset managers that tend to fly under the radars of most large institutional investors, including Connecticut-based firms, women and minority-owned firms, and emerging managers with less than $2 billion in assets. The idea is to find […]

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Conn. to back emerging, minority firms

By Lawrence Aragon — 10 years ago

Connecticut’s state pension plan, the Connecticut Retirement Plans and Trust Funds, is looking to diversify its portfolio by backing asset managers that tend to fly under the radars of most large institutional investors, including Connecticut-based firms, women and minority-owned firms, and emerging managers with less than $2 billion in assets. The state plans to back […]

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CalPERS Sets Aside $400M for Emerging Managers

By Lawrence Aragon — 11 years ago

The California Public Employees’ Retirement System (CalPERS) has made a $400 million commitment to funds-of-funds manager Centinela Capital Partners as part of its effort to invest more capital with emerging managers–particularly ones that invest in California. Centinela intends to invest with private equity firms active in leveraged buyouts, expansion capital and venture capital. Expect the […]

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