Private Equity
2 min read · 15 February 2013
Oregon Investment Council, which runs the approximately $60 billion Oregon Public Employees Retirement Fund, has committed over $7 billion to 18 KKR vehicles since it started investing in private equity in 1981. The top performer of the KKR portfolio is its 1983 investment in the KKR 1982 Fund, which posted an IRR of 39.7 percent and multiple of 3.3x as of September 30.
2 min read · 15 February 2013
Alan Van Noord, who has directed investments for the Pennsylvania Public School Employees’ Retirement System for more than a decade, has decided to retire in June. He will be replaced on an interim basis by James Grossman, Jr., deputy chief investment officer.
2 min read · 15 February 2013
SAN FRANCISCO, February 12 - Welcome, private equity conventioneers! Those who thought, or hoped, that the heightened public scrutiny of private equity would fade following the presidential election, think again.
2 min read · 12 February 2013
3 min read · 11 February 2013
For decades Cambridge Associates has been one of the world’s largest private-equity consultants to university endowments and other big investors. Now the firm will take over the management of entire institutional portfolios as well.
6 min read · 11 February 2013
A 2003 vintage fund managed by Angelo, Gordon & Co takes the top spot an analysis of the University of Texas Investment Management Co’s distressed debt and special situations fund commitments in its active portfolio as of November 30, 2012.
3 min read · 08 February 2013
Stanley Mavromates, chief investment officer at MassPRIM, has become the latest senior executive to leave the $50bn pension fund.
2 min read · 08 February 2013
UK development finance institution CDC Group saw a swing of £341m from profitability in 2010 to a £72m loss last year, despite putting more capital to work in developing countries last year.
2 min read · 08 February 2013
Amid some turnover within its alternative investment programme, the $464bn institution has committed to Vestar, Ridgemont and Natural Gas Partners.
2 min read · 08 February 2013
