Sam Sutton
A new round of investment in KKR’s payment processor portfolio company will improve the health of First Data’s capital structure.
The $27bn retirement system defines alternatives as including mezzanine, distressed debt and secondary strategies.
Hamilton Lane’s Andrea Kramer says that GPs ‘have money burning a hole’ in their pockets.
Blackstone’s Tactical Opportunities platform invests across the firm’s credit, real estate, private equity and pledge platforms.
The retirement system’s private equity portfolio includes commitments to mezzanine and distressed debt.
Cyprium spun out of Cleveland-based regional bank KeyCorp in 2011.
Reports indicate the firm, which has $74bn of assets under management, is on the verge of filing for an IPO that would see it join the likes of The Blackstone Group and Kohlberg Kravis Roberts as a public entity.
Michael McGirr was previously an investment manager for Bain Capital.
Oregon will commit around $2.6bn to private equity strategies to maintain its 20% target allocation
Daniel Crews has been tasked with increasing Tennessee’s overall private equity allocation from 1% to 3%.