Tenex Capital Management related stories
All articles and analysis
MBI commits $190m to private equityMontana Board of Investments announced several commitments to private equity funds in its August Board Meeting.
MainePERS make $50m commitmentThe Augusta-based pension has committed to Tenex Capital Management's fourth fund.
Side Letter: Mark-to-what? BX as landlord, covid-19 podcastsWhat can LPs expect when end-December NAVs start coming through? You can also now get all of our covid-19 coverage in one place. Here’s today's brief, for our valued subscribers only.
New Jersey expands commitment to TenexAfter acquiring a $5.8m fund stake from another investor and assuming $14.2m in uncalled commitments, New Jersey’s Division of Investment now has a 15.5% stake in Tenex’s debut vehicle.
- Conway: Debt and Europe provide opportunities
Limited partners in private equity funds should focus more on debt investing and debt products such as CLOs, according to The Carlyle Group's Bill Conway.
- Louisiana picks Coller for secondaries
Coller Capital will manage the $9.3bn state workers retirement system’s $100m mandate to buy assets on the secondaries market.
- Cerberus spin-out collects $452m in debut
The firm beat its $400m target and $425m hard-cap, and will make investments of between $25m and $75m in Canada and the US.
- Cerberus spin-out Tenex nears final close
The Michael Green-led firm is expected to hit its hard-cap of $425m for its debut fund, which has shrugged off the stagnant fundraising market and the hesitancy of LPs to back new firms.
- New Jersey paves way for secondaries sales
The US pension may, if the price is right, sell up to $1bn-worth of private equity holdings on the secondaries market.
- New Jersey barters carry cut from Tenex
The $70bn pension negotiated carry down to 16% on Cerberus spin-out Tenex Capital Management’s debut fund. Tenex is led by Michael Green.