Teddy Grant

Investors lean into PE as hedge funds falter - survey

Investors are increasing allocations to private equity, taking market share away from hedge funds, according to Ernst & Young’s 2019 Global Alternative Fund Survey.

New Mexico ERB commits $300 mln to AE Industrial and Cloverlay

AUM: $13 bln PE Allocation: 14.8 pct actual/ 15 pct target Contact: Bob Jacksha, CIO: bob.jacksha@state.nm.us

LPs want to protect mid-market funds from large GPs: survey  

GPs are returning to market with funds in under three years and are taking a larger share of allocations.

Texas ERS commits $60 mln to Wind Point fund

Fund IX has received commitments this year from Pennsylvania State Employees’ Retirement System and Minnesota State Board of Investments.

Rhode Island commits $90 mln to Odyssey Investment and Benefit Street funds

Illinois Teachers commits $69 mln to Zelnick, Sunstone funds

Sunstone already manages $19.2 million in Illinois Teachers’ assets.

Lariat co-founder to target lower mid-market with RedCloud relaunch

Peaceable Street Capital strikes deal with Declaration Partners

Ohio Police & Fire forms PE co-investment program

LPs grow uneasy about attacks on private equity by politicians: survey