Private Equity
2 min read · 11 December 2014
The Pennsylvania Public School Employees’ Retirement System committed up to $450 million to energy and debt funds at its Dec. 9 meeting, including as much as $200 million for Avenue Capital Group’s first dedicated energy fund, according to board resolutions published on the retirement system’s website.
2 min read · 11 December 2014
Kentucky Retirement Systems committed $100 million to distressed debt funds at its Dec. 4 board of trustees meeting, allocating $60 million to Black Diamond Capital Management’s latest fund and $40 million to Ares Special Situations Fund IV, Chief Investment Officer David Peden said.
1 min read · 10 December 2014
The California Public Employees’ Retirement System made its largest fund commitment of the year in October, a $500 million stake in Hellman & Friedman’s eighth flagship fund, according to materials released in advance of the retirement system’s Dec. 15 meeting.
1 min read · 09 December 2014
2 min read · 09 December 2014
Despite generating similar returns, private equity investment staff at the California State Teachers’ Retirement System received fiscal year bonuses that amounted to only a fraction of what their peers at the California Public Employees’ Retirement System received, according to state documents.
2 min read · 08 December 2014
2 min read · 06 December 2014
The Oregon Investment Council approved as much as $225 million for Francisco Partners IV, but the final commitment may close for less than that, spokesman Michael Cox said.
2 min read · 06 December 2014
Record high deal multiples did not stop Leonard Green & Partners from making 2014 its most active year ever, Managing Partner John Danhakl said in a keynote address at the Buyouts Texas conference in Dallas on Dec. 3.
2 min read · 05 December 2014
The Illinois State Board of Investment did not find any violations of its pay-to-play rules in a review of its investment managers, Executive Director William Atwood told Buyouts.
2 min read · 03 December 2014
