Private Equity
The $6.5bn retirement system will likely target an allocation between 3% and 7% for private equity, executive director Thomas Williams said.
2 min read · 20 September 2013
The system made public the first commitment from its new private equity emerging manager mandate run by Credit Suisse to Siris Capital Group's debut fund as an independent shop.
4 min read · 20 September 2013
Ex-CalPERS board member Al Villalobos has finally been indicted by the DoJ over the pay-to-play scandal – and yet Apollo still refuses to explain why it continued to use his services even after CalPERS investment officials said it wasn’t necessary, writes Christopher Witkowsky.
4 min read · 20 September 2013
In an era where investors are increasingly focused on experience and track record, it’s arguably never been harder to raise a debut fund. Yet some groups are managing to buck the trend.
3 min read · 20 September 2013
Bringing in limited partners on smaller transactions is not necessarily always the best way to generate a strong return, according to mid-market firm Huntsman Gay. Graham Winfrey reports
3 min read · 20 September 2013
In an era where investors are increasingly focused on experience and track record, it’s arguably never been harder to raise a debut fund. Yet some groups are managing to buck the trend.
3 min read · 20 September 2013
A new feeder fund has been established that provides access to Carlyle Group funds for a minimum investment of just $50,000 – another sign that the industry is starting to look outside the traditional channels for capital.
2 min read · 20 September 2013
Democratic Representative Jim Himes tells PEI why he thinks private equity firms aren’t important enough for mandatory SEC registration. By Sam Sutton
3 min read · 20 September 2013
Private equity groups are hoping for a better year on the fundraising trail in 2013, as global investors start to seek out better returns from their investments, writes Simon Meads.
9 min read · 20 September 2013
LPs have long been cool on Japan funds, but more realistic fund sizes and smaller niche deals are starting to bring them back to the table.
2 min read · 20 September 2013