Massachusetts Pension Reserves Investment Management Board related stories
All articles and analysis
Charterhouse nets 2.1x on Elior – ExclusiveThe firm will be keen to return capital to its investors as it continues to seek commitments to its €3bn Fund X.
- Thoma Bravo closes Discover Fund on $1.07 hard-cap
The fund will seek opportunities in the lower mid-market, away from the larger deals sought by the firm’s flagship funds.
PE HUB First ReadFirst Read is busy preparing for the blizzard here on the East Coast. But there is news: Google paid Apple $1 bln to be the search engine on the iPhone, Yahoo reportedly nixed several bids for its internet assets and Boeing to cut production of its iconic 747 planes.
- Lovell Minnick closes Fund IV on $750m cap
The fourth institutional buyout fund for Lovell Minnick had an initial target of $550 million and received commitments from returning LPs such as Goldman Sachs Asset Management and Twin Bridge Capital Partners, and new investors such as MassPRIM and the WK Kellogg Foundation.
Oregon hires LP veteran Michael Langdon to head private equityThe Oregon State Treasury has hired former Massachusetts Pension Reserves Investment Management Board senior investment officer Michael Langdon to lead its private equity portfolio.
Emerging managers are très chicLimited partners are increasingly looking down market at emerging managers, including firms run by women and minorities, as a way to diversify their private equity portfolios.
Oaktree may raise $10 bln cap on Opportunities Funds X, XbOaktree Capital Group said it raised $6.3 billion in new capital in the second quarter, bringing its flagship Oaktree Opportunities Funds X and Xb to $9.4 billion, plus it unveiled plans to launch two new pools aimed at Europe.
- LP Radar: MassPRIM to commit $713m to PE by year-end
The Boston-based pension fund will also commit $325m to alternative fixed income by the end of 2015.
- LP Radar - July 2015
See the latest PE LP updates, including allocation changes and people moves.
- Insight executes three deals in a week
The New York firm has backed tech businesses in Tel Aviv, Colorado and London