Yucaipa Nearing Fundraise Target; Has a Motley Crew of Portfolio Companies
Yucaipa Companies, the investment firm run by supermarket magnate Ron Burkle, is in the market with its second “American Alliance Fund,” according to a regulatory filing. To date, the fund has collected $1.52 billion in commitments. Meanwhile, a parallel fund called “American Alliance Parallel Fund II” has collected $462.5 million. Investors include New York City Employees' Retirement System, Teachers' Retirement System of the City of New York, and California Public Employees' Retirement System. CalPERS committed $400 million.
3 February 2009•2 mins read
