Private Equity
Since launching its online PPM portal in 2010, CalPERS has received almost 2,000 fund proposals and has funded seven of them – investment vehicles that disclosed paying about $1.8m in placement fees.
3 min read · 06 January 2013
The group's ability to source and execute deals - as demonstrated by its acquisition of a Swedbank portfolio this week - persuaded LPs to support a significant increase in AXA's latest secondaries fund.
2 min read · 06 January 2013
Medu Capital received $65m in financing for its third fund, which will invest in small and mid-market companies based in South Africa.
2 min read · 06 January 2013
Russell Steenberg (pictured), global head of BlackRock Private Equity Partners, believes LPs need to hedge their private equity investments rather than react to short-term market trends.
2 min read · 06 January 2013
The Korea Teachers Pension Fund is among a clutch of Korean investors looking to increase exposure to private equity overseas, according to a panel at the PEI Global Alternative Investment Forum 2012 in Seoul.
2 min read · 06 January 2013
The $28.3bn retirement system gave $50m each to a pair of debut energy and natural resources funds from Apollo Global Management and The Blackstone Group.
2 min read · 06 January 2013
Former Ontario Teachers’ head of private equity Erol Uzumeri explored the differences between his experiences as an LP and a GP at the Dow Jones conference Friday.
2 min read · 06 January 2013
The $153.7bn retirement system has re-upped $250m with its new and next generation private equity programme, which is managed by Invesco Private Capital.
2 min read · 06 January 2013
The $153bn retirement system may set a $500m maximum on individually managed accounts, according to an investment policy proposal.
2 min read · 06 January 2013
A formerly unified LP universe is dividing based on those building customised accounts and those sticking to the traditional fund commitment route, Hamilton Lane CEO Mario Giannini said.
3 min read · 06 January 2013
