Private Equity
Kansas has committed $50m to GSO Capital Solutions Fund II, which will target rescue lending opportunities.
1 min read · 17 January 2013
A survey from RBC Investor Services revealed a majority of small, mostly private Canadian pensions plan to increase – or even add – allocations to alternatives, though they have concerns about costs and lack of expertise.
2 min read · 17 January 2013
While the target for alternative investments will increase from 10% to 15%, the target for fixed income will drop 5%, as the system adapts to the low interest rate environment.
2 min read · 17 January 2013
MassPRIM’s executive director Michael Trotsky would assume the role of chief investment officer less than a year after the departure of Stanley Mavromates.
2 min read · 17 January 2013
The $124bn retirement system would likely focus on individual interests in existing relationships, says head of private equity Barry Miller.
2 min read · 17 January 2013
Minnesota’s Board of Investments granted three re-ups to private equity at its meeting Wednesday, which included commitments to Advent, Silver Lake and CarVal Investments.
2 min read · 17 January 2013
CalPERS’ job is not to ‘make managers happy’, CIO Joseph Dear said at a recent hearing, while defending the system’s commitment to emerging managers.
3 min read · 17 January 2013
Centinela Capital, which has run the system’s domestic emerging managers programme since 2006, has been removed from management of the portfolio by CalPERS. Credit Suisse will take over the programme.
4 min read · 17 January 2013
A recent survey from Coller Capital and the Latin American Private Equity & Venture Capital Association found that a majority of LPs will either increase or stand pat on commitments to Latin American funds over the next year.
3 min read · 17 January 2013
A study published by a trade group representing minority and women-led firms reveals that firms which have greater diversity amongst their staff have produced superior returns than their rivals since 1998.
4 min read · 17 January 2013