New Mexico’s $14bn oil and gas endowment, a long-time investor in private equity, hasn’t made a commitment since early 2009. SIC wants to commit to six funds over the next 12 months.
2 min read · 05 January 2013
The firm closed its $8.8bn Fund VII in October 2009, but is still investing from its 2006 Fund VI, a situation that one LP calls ‘a little weird’.
3 min read · 05 January 2013
The US state’s $63bn pension, which has not made a commitment since 2008, currently has a 7% private equity target.
1 min read · 05 January 2013
Family offices are expected to help boost secondaries dealflow in the last months of 2010, as many seek to replace existing LP stakes with emerging market exposure.
4 min read · 05 January 2013
Investors speaking at a recent conference in New York feared an overcrowded market and capital overhang will drag on returns.
2 min read · 05 January 2013
Corporate pensions, foundations and endowments have continually increased their allocations to private equity over the past four years, according to a series of surveys by asset manager SEI.
2 min read · 05 January 2013
Chicago-based GTCR plans to raise $3bn for its 10th fund.
2 min read · 05 January 2013
The Bank of America spin-out expects to use seed capital for six deals averaging about $50m each.
2 min read · 05 January 2013
The $27.4bn endowment – one of the private equity industry’s most influential LPs – will continue to be an active player on the secondaries market, concentrating on ‘best-in-class’ managers.
3 min read · 05 January 2013
KKR, which wants to start raising a new private equity fund in the ‘next few quarters’, has formed a team to specifically attract high net worth individuals onto the LP roster.
2 min read · 05 January 2013
