California Public Employees' Retirement System related stories
All articles and analysis
EI launches new €300m fundEnterprise Investors, the Polish private equity firm, has officially launched its fifth fund, which will aim to raise €300 million ($377 million) for investment in Poland and other countries in the region.
- ILPA selects new board line-up
Ken Fish, Mark Wiseman and Jeff Sharpe have taken board seats at the Institutional Limited Partners Association, the trade body representing institutions active in private equity.
- What happened to Whitney?
One of America's oldest private investment institutions, Whitney grew from a venerable boutique into a globe-spanning franchise with ambitions to become the Goldman Sachs of alternative assets. But in the middle of 2000, Whitney began an excruciating contraction under the guise of “back-to-basics”. The firm's dramatic ups and downs can be attributed to unfortunate market timing, but also to its charismatic and aggressive chairman and CEO, Peter Castleman. David Snow investigates
- Permira closes record buyout fund
Terms in the partnership agreement governing Permira’s E5.1bn Europe III fund reflect private equity investors’ requirements to publicly disclose details of their participation in the asset class.
- JP Morgan cuts $1.4bn fund commitment
The US bank has cut $1.4bn from its commitment to its JP Morgan Partners Global 2001 fund.
- US university asks court to think again about disclosure ruling
The University of California has asked a state court to reconsider a recent ruling forcing the university to release the financial performance results of its investments in venture capital funds.
- US university seeks non-disclosure ruling
The University of California has asked a state court to reconsider a ruling made two weeks ago forcing the university to release the financial performance results of its investments in venture capital funds.
- Hermes builds out direct investment team
Hermes Private Equity has made its third appointment in as many months, hiring former CVC Capital Partners investment manager Justin Ward as a director.
- CalPERS backs Japanese turnaround fund
The California fund is backing a $1bn Japanese fund being raised by US turnaround specialist WL Ross.
- UTIMCO opts to withhold quarterly data
Following objections from a number of GPs, the Texas University fund has decided against publishing data for half of its 130 private equity investments