Private Equity
The California Public Employees’ Retirement System committed $560 million to an investment fund and to a co-investment managed by Blackstone Group in May and June, bringing its total commitments to Blackstone Group funds this year to more than $1.1 billion, according to investment reports included in the pension’s August meeting materials.
2 min read · 10 August 2015
<p><em>By 2020, PGGM will stop investing in external money managers, including private equity firms, that do not fully disclose their fees.</em></p>
2 min read · 10 August 2015
<span class="ITALIC">See the latest PE LP updates, including allocation changes and people moves.</span>
4 min read · 10 August 2015
Buyouts recently caught up with Mike Elio, partner and co-head of the mid-market buyout and distressed/turnaround teams at advisory shop StepStone. Elio joined StepStone early last year after serving as a managing director at the Institutional Limited Partners Association, where he led programs involving research, standards and setting strategic priorities.
3 min read · 10 August 2015
The Public Employee Retirement System of Idaho’s pace of fund commitments spiked prior to the global financial crisis, plummeted in its wake, and stabilized as the U.S. economy commenced its trudge toward normalcy. Idaho isn’t alone among limited partners in having done so. But so far that pacing hasn’t been a recipe for strong returns.
3 min read · 10 August 2015
The commercial real estate business weighs in at roughly $1 trillion in the United States alone, but it often lacks online tools to help businesses and people connect if they’re not already established in a market.
2 min read · 10 August 2015
ArcLight Capital Partners has raised $5.57 billion for its sixth flagship fund, surpassing the vehicle’s $5 billion hard cap by more than $500 million, according to a Form D filed with the SEC on Aug. 7.
1 min read · 07 August 2015
The Pennsylvania Public School Employees’ Retirement System allocated up to $250 million to private equity strategies at its Aug. 6 meeting, according to a series of announcements released on its website.
2 min read · 07 August 2015
Castik Capital’s €1 billion fundraising reverses conventional wisdom that first time funds go broad.
3 min read · 07 August 2015
The Abraaj Group is marketing its second Latin America fund with a $600 million target, according to a Form D filed with the SEC.
2 min read · 06 August 2015
