Private Equity
The $17.7bn Texas County & District Retirement System has been active, including making a commitment to Khosla Ventures, a coup for a smaller system that would not traditionally have had access to a top-tier venture manager.
2 min read · 06 January 2013
Two public pensions systems in Oregon and Illinois are sticking with TorreyCove Capital Partners, which spun out from PCG Asset Management this month with the backing of Mitsubishi Corporation.
2 min read · 06 January 2013
Altius Associates will replace Strategic Investment Solutions as private equity consultant for the Kentucky Retirement Systems, which has been burdened with pay-to-play investigations this year.
2 min read · 06 January 2013
After being unable to allocate its full $100m commitment to Southern Cross’s most recent Latin American fund, the $78bn retirement system increased its exposure to the fund through the secondary market.
2 min read · 06 January 2013
The $78bn retirement system allocated around $550m to two private equity funds, including forming a new relationship with emerging markets giant Actis.
2 min read · 06 January 2013
Equistone Partners Europe, which successfully completed its spinout from Barclays Capital on Friday, is understood to have held a first close for its first independent fund on about €500 million.
2 min read · 06 January 2013
The $25bn pension system has named Dhvani Shah, head of private equity at the New York State Teachers’ Retirement System, as chief investment officer.
2 min read · 06 January 2013
UK-headquartered private equity firm Cinven is nearing a first close for its latest fund, likely to be on about €2.5bn - half the target amount for the vehicle.
2 min read · 06 January 2013
UK-listed 3i attempted to placate investors by announcing a substantially increased dividend during its half year results presentation Thursday morning, as it revealed its portfolio had fallen in value by £523m.
2 min read · 06 January 2013
The pension system re-bids the private equity consulting contract every five years. The contract is held by Pension Consulting Alliance until June 2012.
1 min read · 06 January 2013
