Private Equity
Bryan Martin, who joined New Jersey last year to head up real estate and real assets and helped design the system’s innovative separate accounts business, has joined an insurance agency in Nebraska.
2 min read · 17 January 2013
Armed with new legal authority to invest in alternative investments, the $15 billion Georgia Employees’ Retirement System has hired Catharine Burkett and Ben Cahyono to begin investing in alternative investments such as private equity, according to James Potvin, the system’s executive director.
2 min read · 15 January 2013
Filling a key position that had been vacant for a year and a half, the Massachusetts Pension Reserves Asset Management Board, the state’s main pension body, named Michael Bailey as its new head of private equity. He will start on Feb. 26. The post was previously held for several years by Wayne Smith, who left in July 2011.
2 min read · 15 January 2013
Hellman & Friedman Capital Partners V takes the prize as the top-performing U.S.-based buyout fund within the $170.1 billion Canada Pension Plan Investment Board private equity portfolio. Figures are as of June 30, 2012.
2 min read · 14 January 2013
3 min read · 14 January 2013
Expect to see a modest bump-up in money committed by the nation’s largest public pension funds this year, according to experts, because of a strengthening stock market, a healthy pace of distributions and the persistence of large unfunded pension liabilities.
5 min read · 14 January 2013
The pace of new private equity and alternative investments at the Florida State Board of Administration is likely to reach about $6 billion in fiscal 2012-2013, as Florida’s primary $126 billion pension fund gradually ramps up its allocations to so-called strategic investments from zero to 11 percent of the portfolio, according to John Kuczwanski, an SBA spokesman.
3 min read · 11 January 2013
The $150 billion New York State Common Retirement Fund, one of the nation’s biggest emerging manager investors, has created a special $250 million separate account for private equity co-investments alongside such managers, according to a senior official at the fund.
2 min read · 07 January 2013
Coller Capital will manage the $9.3bn state workers retirement system’s $100m mandate to buy assets on the secondaries market.
2 min read · 06 January 2013
Mike Elio, a managing director at the advisory firm, will join ILPA to monitor regulations that affect the industry such as the EU's AIFM directive.
2 min read · 06 January 2013