Michael Langdon is the second senior private equity professional to leave the $41bn pension system in two months. Langdon will help Hermes GPE establish its first-ever Boston office.
2 min read · 06 January 2013
The intense shuffling of US public pension investment officials has continued with Ron Schmitz, the long-time CIO of the Oregon State Treasury, leaving for the Virginia Retirement System.
2 min read · 06 January 2013
The firm, which focuses on US power investments, expects to close its fourth fund in October.
2 min read · 06 January 2013
Jim Treanor left Florida’s state pension system as head of private equity in July. He will work on hedge fund research at a time when ‘the distinctions blur between many strategies employing hedge fund and private equity'.
2 min read · 06 January 2013
The firm, led by David Rubenstein, is acquiring a minority position in Avalon Advisors, which is partially owned by CapStreet spin-out Platform Partners.
1 min read · 06 January 2013
German state-owned banks have been selling off their private equity holdings because of bailouts and increasing regulations, contributing to record activity on the secondary market.
2 min read · 06 January 2013
Huntsman Gay has acquired Munich-based electronic-commerce software maker hybris, the 18th investment from its debut fund that closed in 2009. The majority of capital in the fund has been invested.
2 min read · 06 January 2013
The $23bn pension will look for opportunities to invest alongside GPs in its portfolio for the first time and has set its target commitment amount for fiscal 2012 at $625m.
3 min read · 06 January 2013
The private equity advisor is funding the spin-out of managers from The Canopy Group, former Novell CEO Ray Noorda’s investment firm.
2 min read · 06 January 2013
Blackstone Energy Partners is targeting between $2bn and $3bn for a broad range of energy investments, including power, natural resources and alternative energies.
2 min read · 06 January 2013
