As he did with CalSTRS, California State Treasurer Bill Lockyer plans to propose a divestment measure that will rid CalPERS’ portfolio of exposure to certain firearms.
2 min read · 21 September 2013
Michael Bailey will join the $50.6bn retirement system in February to manage its $5.8bn private equity portfolio.
2 min read · 21 September 2013
Technology Crossover Ventures is back on the market with Fund VIII after breaking venture fundraising records with its $3bn 2008 vintage.
2 min read · 21 September 2013
The $13.7bn Teachers’ Retirement System of Louisiana is targeting between $300m and $400m in private equity commitments this fiscal year, spread between five or six funds.
2 min read · 21 September 2013
The $154bn system's investment committee has approved removing its exposure to gun makers after the Connecticut school massacre in December.
3 min read · 21 September 2013
Sarah Alexander has led the Emerging Markets Private Equity Association since its launch in 2004. The organisation is searching for a new chief executive.
2 min read · 21 September 2013
The emerging markets specialist is targeting $3.5bn for its Actis Global 4, which will invest in mid-market deals in Asia, Latin America and Africa.
1 min read · 21 September 2013
John Suhler oversaw fundraisings totaling $3.1bn at the helm of the firm he co-founded in 1981.
2 min read · 21 September 2013
The $12.4bn pension fund’s $55m commitment to Warburg Pincus’ latest mega-fund is its first with the firm.
2 min read · 21 September 2013
Proceeds from the $167.5m recapitalisation generated a $50m cash distribution to KPS, co-investors and company management.
2 min read · 21 September 2013