Private Equity
The Office of the New York City Comptroller and trustees of the city retirement system expanded the $165.5 billion pension’s private equity emerging manager program by $500 million on Tuesday, August 4.
2 min read · 05 August 2015
With private equity managers facing greater regulatory scrutiny from the SEC, New York City Retirement Systems’ private equity staff is helping new and emerging managers develop back-office functions by putting them in touch with service providers and more experienced general partners, Head of Private Equity Alex Doñé told Buyouts.
2 min read · 21 July 2015
The California Public Employees’ Retirement System’s five-year plan to reduce the number of general partners within its private equity portfolio includes a program that will allocate up to $2 billion to growing fund managers, according to documents and pension officials.
3 min read · 29 June 2015
Texas Municipal Retirement System is a holdout no longer. The board of the $24 billion retirement system approved the hiring of StepStone last week to advise on the construction of a $1.2 billion portfolio of private equity investments over the next five years.
4 min read · 25 June 2015
An appellate court revived racial discrimination and breach of contract cases against the California Public Employees’ Retirement System by Centinela Capital Partners and its founder.
3 min read · 01 June 2015
The Arkansas Teacher Retirement System has shifted the strategic focus of its co-investment program to improve its ability to access emerging managers, Executive Director George Hopkins told Buyouts.
2 min read · 07 April 2015
The New York City Retirement System, which has about $158 billion in assets across five different pension funds, has lost another experienced private equity professional.
2 min read · 02 April 2015
The director of the Teacher Retirement System of Texas’s emerging manager program answers five questions, including what TRS looks for in emerging managers, if the funds it has committed to share any traits, and what the future holds.
4 min read · 09 March 2015
Norman Leben said the business of outsourcing private equity fund administration has been picking up steam as a more prudent practice than building in-house teams from scratch.
2 min read · 20 February 2015
The Teachers’ Retirement System of Illinois kicked off the year with more than $900 million of commitments to private equity, private debt and real estate funds, according to a summary of its first meeting of the year.
2 min read · 20 February 2015
