Sam Sutton

Landmark buys public mining stakes in unique secondaries deal with Aberdeen

Secondaries firm Landmark Partners plans to acquire a portfolio of public and private assets from small cap investment bank Aberdeen International for $11.8 million in a direct secondaries deal.

Montana pays $24.8 mln in fees to external GPs

The Montana Board of Investments paid more than $24.8 million in fees last year to the general partners managing its $1 billion private equity portfolio, according to a CEM Benchmarking report included in the pension fund’s August 18 meeting materials.

Back to School: PEGCC study finds energy fundraising surge

Blackstone raises more than $1 bln from CalPERS this year

The California Public Employees’ Retirement System committed $560 million to an investment fund and to a co-investment managed by Blackstone Group in May and June, bringing its total commitments to Blackstone Group funds this year to more than $1.1 billion, according to investment reports included in the pension’s August meeting materials.

Blackstone raises more than $1 bln from CalPERS this year

Exposure to mega-buyouts drags down Idaho returns

The Public Employee Retirement System of Idaho’s pace of fund commitments spiked prior to the global financial crisis, plummeted in its wake, and stabilized as the U.S. economy commenced its trudge toward normalcy. Idaho isn’t alone among limited partners in having done so. But so far that pacing hasn’t been a recipe for strong returns.

ArcLight blows through Fund VI’s $5 bln hard-cap

ArcLight Capital Partners has raised $5.57 billion for its sixth flagship fund, surpassing the vehicle’s $5 billion hard cap by more than $500 million, according to a Form D filed with the SEC on Aug. 7.

PSERS expands co-investment, secondaries program by $50 mln

The Pennsylvania Public School Employees’ Retirement System allocated up to $250 million to private equity strategies at its Aug. 6 meeting, according to a series of announcements released on its website.

Abraaj targets $600 mln for Latin American fund

The Abraaj Group is marketing its second Latin America fund with a $600 million target, according to a Form D filed with the SEC.

Warburg Pincus XII on track for Q4 final close

Warburg Pincus is expected to hold a final close on its 12th flagship fund during the fourth quarter of 2015, according to a Verus Investments memo included in meeting materials prepared for Fresno County Employees’ Retirement Association.