Guardian PE head says GP-stake sales are rarely passive
Sales of minority stakes by general partners almost always cause PE firms to lose an element [...]
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Iowa commits $373 mln through June
Iowa Public Employees’ Retirement System in the first half committed a little less than half the [...]
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LP Scorecard: Distressed debt lags other fund strategies for Washington State
By Rich Campanaro Distressed debt can be a lucrative investment strategy, but Washington State Investment [...]
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Memo: CalPERS says it adhered to accounting standards in shifting PE expenses
California Public Employees’ Retirement System reaffirmed that it followed government accounting standards when it shifted private [...]
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CalPERS pledges $500 mln to Silver Lake, to co-invest alongside Fund V
California Public Employees’ Retirement System inked a $500 million commitment to Silver Lake in April, [...]
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Michigan in ‘planning stages’ of PE-portfolio consolidation
State of Michigan Retirement Systems is in “the planning stages” of consolidating its private equity [...]
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San Mateo backs Great Hill VI, ABRY in Q1
San Mateo County Employees’ Retirement Association in the first quarter inked a pair of commitments to [...]
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Texas Teachers’ PE commitment seen up 11 pct in ’17
Teacher Retirement System of Texas expects to commit around $4.2 billion to private equity in [...]
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CalPERS omits millions in PE expenses from annual report
California Public Employees’ Retirement System left more than $120 million of private equity fees and expenses [...]
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UC cuts management fees, is mum on details
University of California investment staff cut management fees by $70 million to $100 million on [...]
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Texas County & District backs CVC for $67 mln
Texas County & District Retirement System committed 60 million euros ($67 million) to CVC Capital [...]
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Ohio Police & Fire boosts real assets holdings with May commitments
Ohio Police & Fire Pension Fund committed up to $210 million to private market funds [...]
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Illinois Municipal Retirement Fund bets $650 mln on infrastructure
Illinois Municipal Retirement Fund greenlit up to $650 million in infrastructure commitments at its meeting [...]
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Private Eye: DeVos-family-backed firm, with $6.3 bln AUM, raises two co-investment pools
Ottawa Avenue Private Capital LLC, an investment arm of the family office of Richard DeVos, father-in-law [...]
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University of Michigan backs Silver Lake, Stripes Group
University of Michigan committed more than $70 million across a pair of private equity funds, [...]
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Panama sovereign fund mulls allocation to PE
Panama’s sovereign wealth fund, with about $1.4 billion of assets, is considering carving out an [...]
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CalPERS diversifies PE ranks despite challenges posed by state law
California Public Employees’ Retirement System’s emerging-manager program is increasingly targeting investments with women- and minority-owned [...]
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Eliopoulos: CalPERS consults with GPs as possible PE shuffle looms
California Public Employees’ Retirement System has been reaching out to its private equity managers over the [...]
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