Two public pensions systems in Oregon and Illinois are sticking with TorreyCove Capital Partners, which spun out from PCG Asset Management this month with the backing of Mitsubishi Corporation.
2 min read · 06 January 2013
Altius Associates will replace Strategic Investment Solutions as private equity consultant for the Kentucky Retirement Systems, which has been burdened with pay-to-play investigations this year.
2 min read · 06 January 2013
In an example of an LP building a customised relationship, the University of Texas Investment Management Company has committed $200m to Post Oak Energy’s debut fund. UTIMCO will be the fund’s only LP.
2 min read · 06 January 2013
Scott Myers, who helped form secondary specialist Cogent Partners in 2002 along with other former executives from the Crossroads Group, is taking a reduced role at the firm.
2 min read · 06 January 2013
The $25bn pension system has named Dhvani Shah, head of private equity at the New York State Teachers’ Retirement System, as chief investment officer.
2 min read · 06 January 2013
The pension system re-bids the private equity consulting contract every five years. The contract is held by Pension Consulting Alliance until June 2012.
1 min read · 06 January 2013
The fundraising environment is proving particularly tough for specialised funds of funds that offer access to specific strategies like emerging markets, says Nicholas Morriss.
2 min read · 06 January 2013
The firm, in the first acquisition from its second fund, has acquired dinnerware designer and distributer Oneida, an iconic brand the firm hopes will prove popular with consumers in emerging markets.
2 min read · 06 January 2013
GPs have given back more money over the past three quarters than ever before, a function of the friendly capital markets and managers’ desire to impress LPs ahead of fundraisings.
2 min read · 06 January 2013
Cesar Baez, who launched Centinela in 2006, has left the firm. Baez once ran Hicks Muse Tate & Furst’s Latin America fund that had exposure to Argentina prior to the country’s default.
3 min read · 06 January 2013
