Private Equity
The Virginia Retirement System has committed a total of $800 million to private equity separate accounts managed by Grosvenor Capital Management and Asia Alternatives, spokeswoman Jeanne Chenault told Buyouts in an email.
2 min read · 20 August 2014
Many limited partners claim to adhere to a policy of sticking to core managers. But few have executed on that policy with the level of consistency demonstrated by the Chicago Teachers’ Pension Fund.
3 min read · 05 August 2014
The California State Teachers’ Retirement System is planning to put more emphasis on small and middle-market buyout, debt-related and emerging market funds during the 2015 fiscal year end June 30 according to an investment plan released by the retirement system in advance of its July 11 board meeting.
2 min read · 09 July 2014
Limited partners that invest in first-time or other young private equity funds say that emerging managers present some risks, but they often outperform their more established peers in an effort to prove themselves.
3 min read · 26 June 2014
The placement agency business may be crowded, but investment bank Moelis & Co. isn’t just looking to dip its toe in the water after hiring four members of the fund placement team at rival Greenhill & Co.
4 min read · 18 June 2014
The Teacher Retirement System of Texas invested about $2.4 billion in private equity in 2013, including $830 million in primary fund commitments and $95 million to emerging managers, according to a summary of the investment activity from the pension system.
2 min read · 18 June 2014
Meir Grossman figures Seward & Kissel LLP is ready for a continued surge in seed investment deals to launch emerging alternative investment managers, since his firm has already worked on 20 such transactions for private equity and hedge funds since this time a year ago.
2 min read · 16 June 2014
The Teachers’ Retirement System of Illinois approved a $50 million commitment to JMI Equity Fund VIII and hiked its allocation program to emerging managers to by $250 million, among the $44 billion pension fund’s latest moves.
2 min read · 11 June 2014
Despite recent volatility in some developing regions, limited partner investors view emerging markets as an essential part of their private equity portfolios, according to a new survey by the Emerging Markets Private Equity Association.
2 min read · 30 April 2014
Spire Capital Partners said it raised $133 million for Spire Capital Partners III LP, including an investment from Teacher Retirement System of Texas’s emerging managers program, according to a regulatory filing for the New York-based lower mid-market buyout firm.
2 min read · 29 April 2014
