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Nashville & Davidson County commits $235 million to 6 funds
trueNashville (Tenn.) & Davidson County Metropolitan Government Employee Benefit Trust Fund made six new commitments totaling up to $235 million.
TPG recruits CEO of new real estate debt unit
trueTPG hired Greta Guggenheim as CEO of TPG Real Estate Finance Trust, its newly formed real estate debt unit.
Arizona Public Safety allocates $371 million, names new retirement administrator
trueArizona Public Safety Personnel Retirement System made five new commitments and investments totaling up to $371 million.
Secondary market prices to fall in second half of 2015 — NYPPEX
truePrices for alternative investment fund limited partnership interests are expected to drop in the second half of this year — with secondary median bids declining about 3.5% to an average of 80.18% of net asset value — driven down by fewer exits and less distribution of capital back to investors, ...
Hancock Natural Resource Group promotes president to CEO
trueBill Peressini, president at Hancock Natural Resource Group, was named the firm’s CEO, effective Jan. 1.
Palamon Capital Partners' limited partners in 2 funds sell interests to consortium
truePalamon Capital Partners completed a transaction that allowed limited partners in two of its European private equity funds to sell their interests to a consortium of five money managers.
New anti-money laundering rules proposed for private funds
trueHedge fund, private equity and other private fund managers will have to develop anti-money laundering programs under rules proposed Tuesday by the Treasury Department's Financial Crimes Enforcement Network.
Preqin: Hedge fund assets rise 2.5% in first 6 months of 2015
trueHedge fund industry assets increased 2.5% to $3.2 trillion for the six months ended June 30, new research from Preqin showed in a report released Wednesday.
Swedish AP funds form European real estate joint venture with TIAA-CREF
trueSwedish pension funds AP1 and AP2 joined forces with TIAA-CREF to create a pan-European office investment platform called Cityhold Office Partnership, which intends to build an office portfolio of at least €4 billion ($4.55 billion).
El Paso fire and police pension fund commits to Latin America private equity fund
trueEl Paso (Texas) Firemen & Policemen Pension Fund committed $8 million to Southern Cross Latin America Private Equity Fund V.
Alameda County retirement fund mulls boosting alternatives
trueAlameda County Employees' Retirement Association might increase its targets to private equity, alternatives and real estate, and decrease targets to domestic and international equity.
Denver Employees slates $40 million for energy fund
trueDenver Employees Retirement Plan committed $40 million to Kayne Anderson Energy Fund VII, subject to successful contract negotiations.
Oklahoma Police pension fund earmarks $7.5 million to CenterOak fund
trueOklahoma Police Pension & Retirement System committed $7.5 million to CenterOak Equity Fund I, a lower middle-market buyout fund.
San Mateo County earmarks $15 million for agricultural and commodities fund
trueSan Mateo County Employees' Retirement Association, Redwood City, Calif., committed $15 million to a private equity fund managed by Blue Road Capital
Hedge funds 'resilient' in turmoil, researchers claim
trueHedge fund strategies have been “displaying elevated resiliency” to volatile global markets and “seem well-positioned relative to traditional assets,” Lyxor Asset Management researchers said in a weekly research note.