Pennsylvania Public School Employees' Retirement System related stories
All articles and analysis
Platinum closes Fund III on $3.75bnThe Tom Gores-led firm launched its third turnaround and special situations fund in 2011.
- PSERS commits $450m to private equity, debt
Among the commitments was a $100m allocation to Trilantic Capital Partner, which has hit the market for the first time since spinning out of Lehman Brothers.
- MF Actis Test Article
Actis http://privateequityconnect.com/profile.aspx?iid=10047 has raised at least $745.5 million for Actis Global 4, according to a document filed last week with the US Securities and Exchange Commission.
- Sankaty Advisors launches fifth fund
Bain Capital’s credit affiliate picked up a pair of commitments for Fund V last week, targeting $3.5bn for investments in the US and Europe.
- LLR raises $538m for Fund IV
LLR Partners will not charge portfolio companies management or transaction fees in its fourth fund, which is targeting $800m with a $1bn hard-cap for investments in the lower mid-market.
- Pennsylvania Schools bets big on private debt
The $50.8bn retirement system committed almost $950m to private debt funds at its meeting last month, focusing its strategy on the US and European mid-markets.
- Trilantic books food exit amid fundraise
The firm will exit its investment in food ingredient company Fortitech, which it acquired in late 2010. The exit comes as Trilantic seeks $2bn for its fifth flagship fund.
- Trilantic ends year with $655m energy exit
Trilantic’s exit of oil and gas company TLP Energy comes as the firm seeks $2bn for its fifth flagship fund.
- Cerberus announces plans to exit gunmaker
The tragic massacre at Sandy Hook Elementary School has led the New York-based private equity firm to initiate the process of divesting from Freedom Group, which manufactured a rifle used in the shooting.
- Pennsylvania Schools re-ups €100m with PAI
Paris-headquartered PAI is targeting €3bn for Fund VI.