Massachusetts Pension Reserves Investment Management Board related stories
All articles and analysis
With housing rebound, Charlesbank turns to constructing next fundComing out of the Great Recession in 2009, with a fresh $1.5 billion fund to work with, the housing market looked attractive to Charlesbank Capital Partners LLC, a Boston-based buyout shop that in 1998 spun out of Harvard Management Company.
- H.I.G.'s new mid-market fund seen as 'one and done'
H.I.G. Capital is capping off a busy year of fundraising with its second middle-market buyout fund with one private equity pro expecting the Miami buyout shop to finish up the effort quickly.
- GTCR hits $3.25 bln target for Fund XI
GTCR took just four months to hit the $3.25 billion target of its eleventh fund, sister news service peHUB reported.
- Washington State commits $350m to private equity
The Washington State Investment Board approved commitments to EIG Global Energy Partners and Technology Crossover Ventures.
- Mass PRIM OK's investments in GTCR, American Securities, HIG funds
The Massachusetts Pension Reserves Investment Management Board has OK’d investments in funds from CVC Capital, HIG Capital, ACON Equity Partners, KPS, WestView Capital, Thoma Bravo, American Securities and GTCR less than a year after the $54 billion pension fund named a new head of private equity investing.
peHUB First ReadTake a break this morning with the latest news links and discover all about Warburg Pincus' energy fund plans, Neuberger Berman's penchant for Latin American deals, why MassPrim is topping the PE performance charts and Pinterest doing it again with its Series E.
- MassPRIM hires private equity chief
Michael Bailey will join the $50.6bn retirement system in February to manage its $5.8bn private equity portfolio.
- Nordic Capital holds €1.7bn first close
Nordic Capital is past the half-way mark on its revised €3bn target for Fund VIII.
- MassPRIM commits $273m to private equity
The pension system plans to commit $1 billion to private equity and venture capital this year, so far it has committed $472 million.
- Nordic extends fundraising for six months
The Swedish firm, which is bound by its limited partnership agreement to wrap up fundraising within a year of an ‘initial close’, needed more time to get to the €3bn target of its latest investment vehicle.