Private Equity
The $11.4bn Los Angeles City Employees’ Retirement System expects to secure a new contract with a private equity consultant on 11 June.
1 min read · 21 September 2013
The $150bn asset manager has committed $250m towards its latest private equity fund’s $1bn target, according to the New Mexico State Investment Council.
2 min read · 21 September 2013
Harshal Shah, who worked directly with LP clients like the state pension systems of New Jersey and Indiana, joined the retirement system at the end of December as a private equity portfolio manager.
1 min read · 21 September 2013
The retirement system made its debut commitment to Silver Lake, allocating $150m to Fund IV – part of a total $1bn in combined alternative investment pledges made in the fourth quarter.
2 min read · 21 September 2013
Alameda County’s Board of Retirement turned down a proposal to include private equity co-investment in the $5.6bn retirement system’s investment strategy, but it did boost its long-term allocation to a variety of alternative strategies.
1 min read · 21 September 2013
New Jersey Division of Investment staff was impressed by Silver Lake’s ‘knowledge, ability and sourcing’ of technology-enabled deals.
2 min read · 21 September 2013
The bank has committed €27m to Avallon’s second vehicle, as it seeks to plug the CEE funding gap.
2 min read · 21 September 2013
The $70.8bn pension system is considering a sale of up to $1bn worth of real estate holdings in a continuing effort to cull underperforming or redundant investments.
2 min read · 21 September 2013
The $6.4bn retirement system plans to invest in mezzanine and direct lending, distressed, secondaries, buyouts and funds of funds.
2 min read · 21 September 2013
As he did with CalSTRS, California State Treasurer Bill Lockyer plans to propose a divestment measure that will rid CalPERS’ portfolio of exposure to certain firearms.
2 min read · 21 September 2013
