The State of Michigan Retirement Systems disclosed $751 million of new commitments to private equity funds in its third-quarter investment report, including large commitments to Blackstone Group and Carlyle Group.
1 min read · 09 September 2015
The Oregon State Treasury has hired former Massachusetts Pension Reserves Investment Management Board senior investment officer Michael Langdon to lead its private equity portfolio.
1 min read · 09 September 2015
Pathway Capital Management plans to close its eighth flagship fund-of-funds in November, according to Contra Costa County Employees’ Retirement Association documents.
2 min read · 08 September 2015
The California State Teachers’ Retirement System’s investment committee directed its staff to identify strategies that will bolster the system’s ability to track private equity fees and expenses.
2 min read · 03 September 2015
2 min read · 03 September 2015
Catalyst Capital Group is poised to hold a final close on its $1.5 billion hard-cap later this month or in early October, two sources with knowledge of the fundraising told Buyouts.
1 min read · 02 September 2015
HarbourVest Partners’ ninth buyout fund-of-funds generated $18 million in proceeds during the first quarter thanks to strong returns from at least two of its general partners, according to Imperial County Employees’ Retirement System documents.
2 min read · 01 September 2015
3 min read · 01 September 2015
The $191.3 billion California State Teachers’ Retirement System (CalSTRS) threw its support behind a July 21 letter signed by 13 state and local treasurers and comptrollers calling for the SEC to standardize reporting of private equity fees and expenses.
3 min read · 01 September 2015
Warburg Pincus has realized more than $75 billion from its investments since it launched its private equity fund in 1971, and the last two-and-a-half years rank among its most profitable. The firm distributed roughly $25 billion to limited partners between December 2012 and March 2015, according to recent report prepared for one of its LPs, a sum that should provide investors ample reason to commit capital to the firm’s latest $12 billion flagship fund.
3 min read · 31 August 2015
