OBWC Saga (Finally) Over
The Ohio Bureau of Workers’ Compensation has finally sold off its private equity investment portfolio, according to minutes from its November 2008 board meeting (and first uncovered by Dow Jones). UBS had been running the process, which netted nearly $400 million for 67 funds. For anachronistic context, we reported in April 2007 that UBS had pitched the fund’s NAV at $685 million, including around $271 million in unfunded commitments. If this is all new to you, here’s a graph from that same 2007 piece:
11 March 2009•1 min read
