Peer Steinbrueck, who will reportedly challenge Chancellor Angela Merkel next year, laid out a platform of financial reforms, including restrictions on banks’ relationships with private equity.
3 min read · 17 January 2013
The firm is moving four investment professionals to its growing London location, which it says will be its ‘primary European investment management hub’.
2 min read · 17 January 2013
A survey from RBC Investor Services revealed a majority of small, mostly private Canadian pensions plan to increase – or even add – allocations to alternatives, though they have concerns about costs and lack of expertise.
2 min read · 17 January 2013
While the target for alternative investments will increase from 10% to 15%, the target for fixed income will drop 5%, as the system adapts to the low interest rate environment.
2 min read · 17 January 2013
Anna Dayn has launched Dayn Advisors to advise clients on building private equity portfolios. Cardano remains a flagship client of the firm.
1 min read · 17 January 2013
Cesar Baez, who founded Centinela Capital Partners that ran CalPERS' domestic emerging managers portfolio, is CEO of BGS Acquisition that raised $40m and is listed on the Nasdaq.
2 min read · 17 January 2013
CalPERS’ job is not to ‘make managers happy’, CIO Joseph Dear said at a recent hearing, while defending the system’s commitment to emerging managers.
3 min read · 17 January 2013
CPPIB has anchored a vehicle managed by the Grant Behrman-led firm to house five portfolio companies. The companies will pay an exit fee used mostly to cash out existing LPs.
3 min read · 17 January 2013
Centinela Capital, which has run the system’s domestic emerging managers programme since 2006, has been removed from management of the portfolio by CalPERS. Credit Suisse will take over the programme.
4 min read · 17 January 2013
The system has promoted Scott Jacobsen to a senior portfolio manager position in the private equity group, filling all senior level vacancies left after the departures of Joncarlo Mark and Mike Dutton last year.
2 min read · 17 January 2013
