The $153bn retirement system may set a $500m maximum on individually managed accounts, according to an investment policy proposal.
2 min read · 06 January 2013
The firm has completed its acquisition of Thomson Reuters’ healthcare business, which provides data analysis services for hospitals, health systems and government agencies.
1 min read · 06 January 2013
Rio Bravo has managed to close its Energia I fund without giving up seats on its investment committee to the Brazilian pension LPs.
2 min read · 06 January 2013
Back in 2007, Cadum was a well-known French personal care company with a long heritage but a crippling lack of infrastructure. Enter mid-market specialist Milestone Capital… By Sam Sutton
7 min read · 06 January 2013
Managing partner Lee Mitchell attributed LPs' strong reception to Fund X to Thoma Bravo’s performance on previous funds.
2 min read · 06 January 2013
The Virginia Retirement System engaged the secondary market as a buyer for the first time in 2011, purchasing three commitments for $100m.
2 min read · 06 January 2013
Investments in MF Global, Shinsei, Hypo Real Estate and Nordbank will likely leave LPs in JC Flowers’ $7bn Fund II with losses.
3 min read · 06 January 2013
KPERS carved out a separate private equity allocation in 2007 and has been slowly working to build exposure to the asset class. At a time when many other US public pensions are trimming back their portfolios, Kansas has room to grow.
2 min read · 06 January 2013
The Carlyle Group co-founder David Rubenstein expressed frustration with the perception that private equity leaders ‘cheat’ on their taxes.
3 min read · 06 January 2013
A NACUBO-Commonfund study finds that alternative strategies averaged 14.1% returns for US colleges and universities in FY 2011.
2 min read · 06 January 2013
