Private Equity
New York State Teachers’ Retirement System private equity chief John Virtanen stepped down from his role at the $105 billion pension on July 29, spokesman John Cardillo told Buyouts.
1 min read · 04 August 2015
Qatar Investment Authority, one of the world’s most aggressive sovereign wealth funds, will set asset allocation targets for the first time and restructure internal decision-making, sources say, in response to a drop in oil prices that has crimped available funds as competition for assets grows, Reuters reported.
3 min read · 15 June 2015
Sovereign wealth funds are relying more on in-house expertise to manage their funds in a drive to bring down costs and improve performance in the low-yield environment, according to a report by Invesco Asset Management released on Wednesday, Reuters reported.
2 min read · 10 June 2015
Private equity funds are sitting on record levels of cash. And yet delegates at an industry conference in Berlin are feeling the pressure to generate adequate returns and offer value for money to investors, Reuters reports.
3 min read · 25 February 2015
Great Hill Partners has closed on nearly $955 million for its fifth private equity pool, capping off a busy 2014 for the Boston-based middle-market buyout and growth equity specialist.
2 min read · 10 December 2014
Francois Joly, a partner at Headlands Capital Management, left the firm late last year and joined the Qatar Abu Dhabi Investment Corp as a director in funds and secondaries.
1 min read · 20 May 2014
Andrew Kripke, a former executive at Caspian Private Equity, has joined the Abu Dhabi Investment Authority as a portfolio manager in the U.S. fund investments business, an ADIA representative confirmed.
1 min read · 01 May 2014
Caught in an emerging market storm, some resource-rich states may keep more windfall income in liquid assets, ready to aid their economies, rather than locked up in strategic investment for future generations, sister news service Reuters reported.
4 min read · 25 February 2014
Norway’s Government Pension Fund is the largest sovereign wealth fund in the world with $818 billion in assets under management as of December 2013, according to the Sovereign Wealth Institute.
1 min read · 20 December 2013
Despite having nearly $6 trillion in assets under management, sovereign wealth funds are notoriously hard to pin down and figure out. Now a PhD student thinks he’s found some identifying qualities that help money managers sort them into three main groups.
2 min read · 10 December 2013