A recent ruling could set a precedent for GPs considering taking action over LP defaults, writes Jenna Gottlieb.
A pending state bill that would force placement agents to register as lobbyists would create two sets of registration, reporting and compliance policies.
The €24bn National Pensions Reserve Fund upped its target to private equity to 10% from 8%, and to infrastructure to 5% from 2%. This year, the pension has committed to HIG Bayside and Atlantic Bridge.
The Canadian pension’s private equity, real estate and infrastructure holdings tempered losses from equities in the first fiscal quarter of 2011.
Chairman of oil group Melrose Resources, Robert Adair, will face a hearing to determine damages for failing to honour his commitment to Advantage Capital’s buyout fund.
The pension’s investment committee has approved a $25m commitment to oil and gas-focused Encap’s eighth fund, targeting $2.5bn.
Wisconsin’s state investment board, which manages $69bn in assets, has committed to Avenue Capital, Gilde, Lone Star and SAIF Partners, and made a co-investment in HCB.
The $102bn pension board voted to ‘rescind’ approval to buy an LP stake in Huntsman Gay's $1.1bn debut fund after failing to come to agreement with the seller.
Barclays’ private client business has lured HSBC Private Bank’s global head of private equity as it seeks to grow its alternatives programme.
The $4.3bn pension will allocate more of its capital for private equity to co-investment opportunities. In the last nine months, SDCERS has committed to Avista, Alchemy, Macquarie and Veritas.