New York State Common Retirement Fund related stories
All articles and analysis
LP corner, week of Feb. 22, 2010LP briefs about Oklahoma and others
- LP staff turnover could slow down fund-raising
LPs nationwide are having trouble filling top positions
- LP corner, week of Feb. 1, 2010
News briefs about NY State Common, IOWA, LACERS and New Mexico
- LP corner, week of Jan. 25, 2010
Briefs about PineBridge and LPs in New York, San Francisco
- CalPERS Board Member Settles Dispute
Charles Valdes, who was reelected to the board in 2005, agrees to pay more than $12,000 to resolve contribution dispute
- The Flip Side: 2009 Brought a Few Surprises
Yesterday we posted a list of the year's five "false alarms ../../../../../../57889/2009-a-year-of-false-alarms-for-private-equity/" or trends that were blown out of proportion in the last year. Things that everyone got excited about happening (for better or for worse) but never really happened. You know, things like LP defaults, the secondary market, and PE bank deals. That's not to say we weren't surprised by a few things, for better or for worse. Here's a slightly shorter list of what caught private equity off guard this year.
- Markstone Hires Gillerman to Replace Broidy
Markstone Capital announced today that the firm appointed Ambassador Dan Gillerman as Chairman following the resignation of Elliott Broidy. Today Attorney General Andrew Cuomo announced Broidy pled guilty to pled guilty to bribing officials of New York State Common Retirement Fund in exchange for a $250 million commitment to Markstone Capital's Israel-focused venture capital fund. Markstone said the firm expects the investigation will have no effect on the value of investors’ interests in the partnerships. The firm has thus far has invested $562 million in ten companies, with an overall gross internal rate of return of 11%, the firm said.