The firm has agreed to allow LPs in the fifth fund to shrink commitments by up to 30%.
1 min read · 05 January 2013
The pension is backing Angeleno Investors III, which is raising $250m for investments in alternative energy and clean technology.
2 min read · 05 January 2013
Beringer Capital has hired Josef Prosperi from Teachers’ Private Capital as well as Michael Sifton, a veteran media CEO.
2 min read · 05 January 2013
Apollo Global Management hired people in California and North Carolina specifically to influence local pension investment decisions.
3 min read · 05 January 2013
CalPERS is investigating $50m in fees paid to a company run by former board member Alfred Villalobos. The pension's CEO Anne Stausboll said a full review of all fees ever paid is 'prudent'.
2 min read · 05 January 2013
The London-based firm will use $1.6bn of cash to buy the latest assets being sold by the brewing giant to a private equity firm.
1 min read · 05 January 2013
Martin Bolland, the firm's co-founder, and Paul Bridges, a former partner, have stepped into open board seats on two of the firm's portfolio companies vacated by Jon Moulton, who left in September.
2 min read · 05 January 2013
The Pennsylvania pension made its first private equity-related commitment this year, betting on a credit strategy.
2 min read · 05 January 2013
Rajiv Goel, director of strategic investments at Intel Capital, was among six individuals that allegedly made $20m from insider trading linked to events including Blackstone’s buyout of Hilton Hotels.
2 min read · 05 January 2013
Erin Sarret will join the investment bank's Alternative Investment Partners, responsible for European client relationships.
1 min read · 05 January 2013
