.jpg "CalSTRS spends $75m on RE carried interest")
The pension system, which managed $25.8bn in real estate as of December 31, disclosed its carried interest and expense for the first time this week.
Direct secondaries pioneer Vision Capital is the latest firm to join a new and growing market.
The partial exit from Chennai-based Cholamandalam comes as the UK private equity firm continues to amass capital for its ninth fund.
.jpg "Brexit: UK must push for AIFMD passport")
Getting the passport before Brexit is crucial to avoid a period when managers would be unable to access EU investors.
The New York firm ranks number one in this year’s list of the biggest private equity managers.
King & Wood Mallesons picked up three awards for its achievements in Europe and Asia in 2015, alongside wins from Kirkland & Ellis, Debevoise & Plimpton and Clifford Chance.
.jpg "17Capital closes Fund III on €500m hard-cap")
The firm closed its third secondaries fund above its €450m target
The transition into ROC Equity Partners was driven by the preferences of an increasingly global LP base
The firm acquired Beacon Rail Leasing using capital from its $2.7bn Fund III.
China's $1.36 trillion insurance industry can now invest up to 30 percent in alt assets.