Private Equity
Governor Nathan Deal has approved legislation that will allow the state’s $13bn Employees’ Retirement System to invest up to 5% of its assets in alternatives.
1 min read · 18 January 2013
The $11.7bn retirement system used almost a third of its annual private equity allocation on commitments to Riverside Partners, Court Square Partners and TPG Credit.
2 min read · 18 January 2013
Seven years after the first private equity funds were established in Korea, domestic firms have attracted significant capital. But investing it is another story.
1 min read · 18 January 2013
The Chinese private equity firm has returned to market after generating strong returns with its debut vehicle, a $950m 2008 vintage.
2 min read · 18 January 2013
The $7.7bn endowment re-upped $25m to Lime Rock Partners VI along with commitments to a pair of venture capital firms and a real estate fund.
2 min read · 18 January 2013
French private equity group Qualium Investissement is poised to hold a final close for its latest buyout fund on €520m after bowing to pressure from some LPs not to raise significantly more.
2 min read · 18 January 2013
The California State Teachers’ Retirement System bet heavily on Asia, bringing its total allocation to the asset class to nearly $2bn for 2011.
2 min read · 18 January 2013
The more than 200-year-old organisation has hired Cambridge Associates as an outsourced CIO to help with due diligence of managers, selection of managers and portfolio rebalancing.
1 min read · 18 January 2013
Investors are waiting longer for distributions from the managers they back, according to research by placement agent Triago, as general partners delay exits until markets improve.
2 min read · 18 January 2013
The indictment of Detroit's former treasurer has revealed an alleged pension pay-to-play scheme in which managers and consultants are accused of providing bribes in exchange for business with two of the city’s municipal pension systems.
3 min read · 18 January 2013
