Private Equity
The Nebraska Investment Council plans to increase the average size of its commitments so that it can concentrate its portfolio around a smaller group of managers, said the state’s newly appointed investment officer, Michael Walden-Newman.
3 min read · 15 June 2015
In an effort to better understand the cost of its private equity program, the California Public Employees’ Retirement System plans to launch an internal accounting system in July to track performance and management fees it pays to managers of its $28.9 billion private equity portfolio, according to retirement system documents and statements from pension officials.
3 min read · 15 June 2015
The following hires, promotions and appointments are for the June 15, 2015, issue of Buyouts.
6 min read · 15 June 2015
The Pennsylvania Public School Employees’ Retirement System (PSERS) committed up to $500 million to Cerberus Capital Management at its June 11 meeting, including up to $300 million for a separate account that will invest alongside the firm’s middle-market lending platform.
2 min read · 12 June 2015
Ascendent Capital Partners is back on the market targeting $600 million for its second flagship fund, according to a June 11 SEC filing.
1 min read · 12 June 2015
The State of Wisconsin Investment Board could have as much as $1.1 billion for private equity commitments through the end of the year, according to board documents.
2 min read · 12 June 2015
Boston private equity group takes control of US healthcare business
1 min read · 12 June 2015
Leonard Green & Partners, LNK Partners and TPG band together to buy the Minnesota health club operator
2 min read · 11 June 2015
Apax first fund listing attracts additional €50 million of demand
2 min read · 11 June 2015
The recruits bring Auda's senior Asia hires to four in recent months
2 min read · 11 June 2015