San Diego County Employees' Retirement Association related stories
All articles and analysis
Investors anchor JPMorgan shipping fund with $545mJPMorgan Asset Management’s Global Maritime Investment Fund has secured $545m in commitments against a $750m fundraising target. The fund is expecting returns between 18% to 20%, the ‘majority ‘of which will come in the form of current income, according a fund executive.
- Blackstone holds off on closing sixth fund
The Blackstone Group has granted a number of investors additional time to make commitments to its Blackstone Capital Partners VI fund before making a final close.
- Highland hits market with $200m oil and gas effort
A San Diego pension recently committed to the fund after negotiating carried interest down to 15% from 20%. Highland is raising the fund in partnership with investment firm PetroCap.
- Blackstone eyes $12.5bn for Fund VI
The firm’s president and COO Tony James said the fund would reach $12.5bn for its final close, lower than its original $20bn target.
- Blackstone’s GSO nears final close for $2bn fund
GSO, which focuses on credit-related strategies, has slated its Capital Solutions Fund for a final close in May. The fund has collected $1.5bn.
- San Diego pension taps Macquarie for infrastructure
The $8.7 billion San Diego County Employees Retirement Association has committed $75 million to Macquarie Infrastructure Partners II, in line with a new allocation to infrastructure investment.