Private Equity
The Blackstone Group’s ‘tactical opportunities’ business is targeting $3bn to $5bn, which will be raised through the formation of separate, customised accounts with limited partners.
3 min read · 08 February 2013
The $24.7bn pension system will issue separate requests-for-proposals for an alternatives consultant and a real estate consultant, with plans to award new contracts by the end of the year.
2 min read · 08 February 2013
The US insurer had dedicated $100m to support private equity and real estate firms with women and minority participation, says Allstate's head of real estate equity Edgar Alvarado.
2 min read · 08 February 2013
The Carlyle Group and NewSpring Capital received commitments from the $24bn Pennsylvania retirement system at its 2 May board meeting.
2 min read · 08 February 2013
The CIOs of two of the world's biggest private equity investors, CalPERS and CalSTRS, tell PEI why they're worried about the growing number of managers going public.
1 min read · 08 February 2013
The $126bn pension system wants to deploy $2.5bn for private equity over the next three years, part of its overall goal of committing $6bn to alternative investments in the same time period.
1 min read · 08 February 2013
The US state's $15bn endowment has approved a $75m re-up to Coller International Partners VI, as well as $50m to Sankaty Advisors’ fifth debt fund.
2 min read · 08 February 2013
To compete with private sector pay, public institutions may have to focus on hiring people who buy into the organisation's social purpose, according to CalPERS CIO Joe Dear.
2 min read · 08 February 2013
Among the commitments was a $100m allocation to Trilantic Capital Partner, which has hit the market for the first time since spinning out of Lehman Brothers.
2 min read · 08 February 2013
The $91 billion New York State Teachers’ Retirement System named John Virtanen as its new head of private equity, according to a spokeswoman for NYSTRS. Virtanen replaces Dhvani Shah, who left in late 2011 to become chief investment officer at the $28 billion Illinois Municipal Retirement System.
1 min read · 05 February 2013
