Private Equity
CalPERS’ apparent move to reduce its support for emerging managers has got the massive pension system into some political hot water.
9 min read · 17 January 2013
Amid criticism that CalPERS has moved away from its emerging managers strategy, the system announced a series of workshops dedicated to emerging managers.
3 min read · 17 January 2013
The state teachers’ pension system has brought on Danielle Seger as a private equity investment officer. Seger left Verizon’s investment management unit shortly after the company hired Goldman Sachs to run its private equity portfolio.
2 min read · 17 January 2013
Warburg Pincus is targeting $12bn for its latest mega-buyout fund, which the firm plans to invest globally across a variety of strategies and sectors.
2 min read · 17 January 2013
Investors and fund managers are not seeing eye to eye on key fund governance issues according to a recent survey of industry professionals.
3 min read · 17 January 2013
The $50.8bn retirement system committed almost $950m to private debt funds at its meeting last month, focusing its strategy on the US and European mid-markets.
2 min read · 17 January 2013
The California Public Employees’ Retirement System will go it alone on an emerging manager workshop that had been billed as a joint effort with the California State Teachers’ Retirement System.
2 min read · 17 January 2013
Telecom- and media-focused ABRY received $25m, while ICV Capital was awarded $20m. The latter was part of a mandate for minority-owned funds.
2 min read · 17 January 2013
With $431m committed, MassPRIM has a long way to go to reach the $1bn target allocation it has set for private equity and venture capital in 2012.
1 min read · 17 January 2013
The Nebraska Investment Council made a total of $50m in commitments to HarbourVest’s latest 'Dover Street' fund - targeting $3bn - and RCP’s eighth fund of funds vehicle.
2 min read · 17 January 2013