Sam Sutton
The $52.9bn retirement system has finalised a commitment of up to $30m to HIG Capital Partners V, which will target investments in the US lower mid-market.
LPs can choose a 1.75% management fee and 25% carried interest, or a 1% fee and 30% carry in KPS' Fund IV, which is targeting $3bn.
LPs can choose a 1.75% management fee and 25% carried interest, or a 1% fee and 30% carry in KPS' Fund IV, which is targeting $3bn.
Resilience Capital has acquired an aircraft parts distributor that may benefit from US sequestration, which could limit the military’s ability to buy new aircraft, says co-CEO Steve Rosen.
It is unclear what co-founder Marc Lasry’s departure would mean for Avenue Capital. Pensions documents list him as a key man on the firm’s most recent special situations fund.
Resilience Capital has acquired an aircraft parts distributor that may benefit from US sequestration, which could limit the military’s ability to buy new aircraft, says co-CEO Steve Rosen.
It is unclear what co-founder Marc Lasry’s departure would mean for Avenue Capital. Pensions documents list him as a key man on the firm’s most recent special situations fund.
In his recommendation, Public School Employees’ Retirement System of Pennsylvania’s private markets chief Charles Spiller called Bain’s operational capabilities a ‘competitive advantage’ over the firm’s peers.
In his recommendation, Public School Employees’ Retirement System of Pennsylvania’s private markets chief Charles Spiller called Bain’s operational capabilities a ‘competitive advantage’ over the firm’s peers.
The Kansas Public Employees Retirement System increased its private equity allocation target from 5% to 8% late last year, according to documents.