Private Equity
“It’s not a minimum wage, it’s a starving wage.” New York City Comptroller Scott Stringer paused for a round applause from the 15,000 protestors crowded on the north side of Columbus Circle in Manhattan. “If you raise the wage to $15 you will pump $10 billion into the hands of 1.5 million struggling New Yorkers. This makes economic sense for our city. Do you agree?”
7 min read · 01 June 2015
IPO market bolsters exits for HarbourVest
3 min read · 29 May 2015
The New Jersey Division of Investment will move forward with more than $1 billion of commitments involving separate accounts for private equity, credit and real estate strategies, State Investment Council chairman Tom Byrne said at the council’s May 27 meeting.
2 min read · 28 May 2015
Bridgepoint Development Capital achieved an IRR of 37% on its original investment
1 min read · 28 May 2015
The New Jersey State Investment Council tasked Director Chris McDonough to explore an exit of the state pension system’s commitment to a JLL Partners fund that owns payday lender ACE Cash Express.
2 min read · 27 May 2015
The San Diego County Employees Retirement Association gave its investment staff the authority to commit up to100 million euros ($108.8 million) to EQT Fund VII at its May 21 meeting, according to a recording available through the pension’s website.
2 min read · 27 May 2015
The firm reported that the Americas saw a 17 percent decline in capital raised by PE-backed companies
1 min read · 26 May 2015
Kentucky Retirement Systems will move forward with a separate account to pursue private equity and private debt investments in the agricultural sector, chief investment officer David Peden said. Kentucky’s board of tustees approved the account at its May 21 meeting.
2 min read · 22 May 2015
The University of Michigan Board of Regents formed new relationships with two general partners at its May 21 meeting, according to endowment documents.
2 min read · 22 May 2015
1 min read · 22 May 2015
