Michigan commits $335 mln to new PE, VC funds
State of Michigan Retirement Systems committed $335 million to private equity and venture capital funds, [...]
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PSP Investments deployed $4.4 bln last year, as PE strategy bears fruit
Public Sector Pension Investment Board, Canada’s fourth largest pension system, is seeing the benefits of [...]
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CalPERS board hears more detail on direct investment plan
California Public Employees’ Retirement System’s board expressed cautious optimism on the prospects of a new [...]
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Back to School: LPs not quite sold on funds buying GP stakes: survey
Most LPs have not invested in funds targeting GP stakes and are unlikely to do so. [...]
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Wisconsin seeks distressed debt, restructuring funds with multiples near historic peaks
State of Wisconsin Retirement Board is looking for opportunities to commit to restructuring or distressed-for-control [...]
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Apollo’s hybrid fund to focus on structured equity, senior and sub credit
Apollo Global Management’s hybrid investment fund will likely dedicate around 80 percent of its capital [...]
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TPG inks major commitment to $12 bln flagship fund, healthcare sidecar
TPG picked up major commitments for its new flagship fund and a healthcare sidecar fund. [...]
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Arkansas Teacher Retirement System bets on airplane financing
Arkansas Teacher Retirement System is making a foray into the aircraft-leasing business. The $14.6 billion [...]
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NYS Common backs Siris IV for $200 mln
New York State Common Retirement Fund committed $200 million to Siris Capital’s latest flagship fund [...]
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San Francisco Employees’ Retirement System backs BGH, SoftBank funds
San Francisco Employees’ Retirement System closed two new private equity and venture capital commitments in [...]
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Outgoing Harvard overseer raises concerns over ‘opaque’ investment funds
Kathryn Taylor, in her resignation letter from Harvard University’s board of overseers, claimed the university’s [...]
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LP Scorecard: New Mexico ERB reaps a quarter billion in 12 months
Over a year, New Mexico Educational Retirement Board brought in about $248.2 million in distributions led [...]
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PSP Investments ramps up direct deals to half of PE portfolio assets
Public Sector Pension Investment Board, one of Canada’s largest and fastest growing pension systems, is [...]
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MassPRIM bets on Polaris Partners debut growth fund
Massachusetts Pension Reserves Investment Management Board committed $35 million to venture-capital firm Polaris Partners’ first [...]
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North Carolina gets back into PE investing with Landmark commitments
North Carolina’s Department of the State Treasurer inked its first private equity commitment under Dale [...]
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PE generates highest returns for public-pension funds: study
Private equity was the top performing asset class for public-pension funds, returning 8.6 percent on [...]
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UL Lafayette Foundation outsources investments to Cambridge
University of Louisiana at Lafayette Foundation has turned over investment management of its $170 million portfolio [...]
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Outgoing New Jersey SIC Chairman Tom Byrne defends PE in final meeting
Tom Byrne used his final meeting as chairman of the New Jersey State Investment Council [...]
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