Balancing act 2009-04-01 Staff Writer ASSETS / FUNDS UNDER MANAGEMENT $17 billion as of 16 Dec 2008 AMOUNT / ALLOCATION TO PRIVATE EQUITY 19% target, 18.7% actual YEAR FIRST INVESTED IN PRIVATE EQUITY 1973 GEOGRAPHY North America Yes Western Europe Yes Central & Eastern Europe Yes Middle Eas
OPEN & CLOSED 2009-04-01 Staff Writer <strong>OPEN & CLOSED</strong><br> <table> <tbody> <tr> <td>FUNDS OPENED</td> <td><br> </td> <td><br> <
A Maryland pension scheme is ‘in the market’ for new private equity commitments, finds Christopher Witkowsky
The European mid-market firm will manage Hermes' funds II and III and absorb its 10-person team, creating a lower mid-market-focused arm dubbed Bridgepoint Development Capital.
CalPERS, USS and CalSTRS are among the LPs calling for GPs to provide material consideration of environmental, social and corporate governance risks to their portfolios, according to a survey conducted by the UN’s Private Equity Principles for Responsible Investment.
Credit Suisse has filed a lawsuit against Netherlands-based family office Plaza Group, claiming it illegally transferred hundreds of millions in LP interests 'in a brazen conspiracy'. Bankrupt Plaza has blamed Credit Suisse for encouraging it to back 'poorly performing funds'.
Scottish Widow Investment Partnership will invest up to 50% of its private equity allocation into funds that invest in the secondary market and make turnaround and distressed investments, according to investment director William Gilmore.
In a story dated 20 March, PERE reported that David Loglisci and Henry Morris, a former political advisor to the US public pension, allegedly extracted sham ‘finder’s fees’ from various private equity and hedge funds, including a vehicle run by Paladin. The story should have read Paladin Capital Group.
The €54bn ATP pension scheme is the latest institution to join the cleantech bandwagon with a commitment to New Jersey-based Hudson Clean Energy Partners.
The $153bn New York State Common Retirement Fund is planning to invest at least $30m in the emerging Northern Ireland economy, with two deals expected to be announced within the next few weeks.