Investors

LP Scorecard: Oregon's Top and Bottom Five Buyout Performers

A 1996 vintage media and communications fund from Providence Equity Partners is tops among buyout funds backed by the Oregon Investment Council, according to performance data as of year-end. A 2006 vintage financial-services fund managed by J.C. Flowers & Co. brings up the rear.

LP Scorecard: Washington State's 2001 Vintage Beats 2007 So Far

Washington State Investment Board is probably wishing it had committed a little more money to vintage 2001 buyout funds, a little less to vintage 2007.

ACON Closes Fund III At $751M, Sets New Latin Fund

ACON Investments, which specializes in Latin American buyouts and companies that aim to capitalize on the growing U.S. Hispanic marketplace, reached a final close on its third flagship fund, ACON Equity Partners III LP, raising $751 million, according to the firm. The new fund, which has been in the market since the fall of 2011, exceeded its original $600 million target.

FIVE QUESTIONS WITH… JEFF STATES, State Investment Officer, Nebraska Investment Council

Oregon Pledge Sets Stage For Close Of KKR Flagship Fund

With a $250 million follow-up commitment from the Oregon Investment Council, Kohlberg Kravis Roberts & Co’s latest flagship fund is within reach of its $8 billion target, a fundraising goal the firm started pursuing nearly two and a half years ago.

Oregon Tables Decision On Women-Run Fund; Concerns Raised

Solera Capital, one of the industry’s few women-led firms, has failed to immediately win a $50 million commitment from the Oregon Investment Council, which opted to table the prospective investment to Solera Capital Partners II LP pending further review, according to James Sinks, a council spokesman. The new fund has a $350 million target.

LP Scorecard: Cerberus Holds Top Spot For PSERS

Cerberus Capital Management has generated the highest returns to date for the Pennsylvania’s Public School Employees’ Retirement System among privately-raised debt funds, according to an analysis by Buyouts.

Distressed Debt Specialist Wayzata Closes Fund III At $2.7B

Wayzata Investment Partners, a distressed debt-shop with a penchant for taking control of companies, closed on its third fund, Wayzata Opportunities Fund III LP, having raised $2.7 billion, slightly more than the initial $2.5 billion target. The firm started raising Fund III in the third quarter of 2011.

FIVE QUESTIONS WITH... ANDREW SAWYER, Chief Investment Officer, Maine Public Empoyees Retirement System

Solera Capital, Led By Molly Ashby, Launches Fund II: UPDATED

Some dozen years after the launch of its debut fund, Solera Capital is raising a second vehicle, Solera Capital Partners II LP.