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Private equity investing down in Q2, Pitchbook data show
trueInvesting by private equity firms fell in the second quarter, with the number of private equity transactions dropping 12% — to 1,279 — from the end of the first quarter and 20% from the year-earlier period, PitchBook data released Thursday said.
CalPERS to release private equity carried interest data
trueCalPERS officials said Thursday that the fund for the first time will be reporting performance fees it pays to private equity firms, ending a mystery of just how costly it is for the nation's largest defined benefit plan to work with general partners.
CBRE closes value-added fund at $1.3 billion
trueCBRE Global Investors closed its latest value-added real estate fund at $1.34 billion, confirmed Pam Barnett, CBRE spokeswoman in an e-mail.
Strategic buyers dominate PE exits, secondary buyouts continue to fall
trueCorporate mergers-and-acquisitions departments do not appear concerned about buying at the top of the market.
Oklahoma State Regents commits to 3 funds on behalf of endowment
trueOklahoma State Regents for Higher Education approved $16 million total in alternatives commitments on behalf of its endowment trust fund.
GE Capital to sell European private equity financing business to Sumitomo Mitsui
trueGE Capital is selling its European sponsor finance business to Sumitomo Mitsui Banking Corp. Europe, a subsidiary of Sumitomo Mitsui Banking, for $2.2 billion.
CarVal Investors closes third credit fund at $3 billion
trueCarVal Investors closed its third credit fund, the $3 billion CVI Credit Value Fund III.
CMBS delinquency rate ticks up in June
trueThe Trepp CMBS delinquency rate rose 5 basis points in June, to 5.45%, data released Tuesday show. June marked the first monthly increase in six months.
CalPERS taps Park Hill to sell $3 billion in real estate on secondary market
trueCalPERS hired Park Hill Group to assist in selling up to $3 billion of its $25.5 billion real estate portfolio on the secondary market.
Ontario Teachers acquiring oil and gas royalty business for C$3.3 billion
trueOntario Teachers’ Pension Plan, Toronto, on Tuesday announced it has agreed to acquire Heritage Royalty LP from Cenovus Energy for C$3.3 billion ($2.67 billion) in cash.
Two Sigma pours resources into big data to expand its institutional business
trueTwo Sigma, a self-styled technology company and research lab-cum-money manager, is about to launch risk factor-based strategies to meet the demand of institutional investors for its particular brand of computer-driven, model-based investment management.
KKR pays nearly $29 million to settle charges with SEC over broken deal fees
trueKKR has settled SEC charges that the alternatives investment firm had from 2006 to 2011 charged investors in its private equity funds for deals it pursued but did not consummate, the SEC order issued Monday shows.
PwC: Alternative assets could nearly double by 2020
trueAlternative assets could grow to between $13.6 trillion and $15.3 trillion by 2020 from $7.9 trillion in 2013, a PricewaterhouseCoopers report released Monday predicts.
New Mexico Public Employees commits up to $120 million
trueNew Mexico Public Employees Retirement Association committed up to $120 million to two funds.
Massachusetts Water pension plan wants private energy manager
trueMassachusetts Water Resource Authority Employees' Retirement System is searching for a private energy fund manager, said an announcement on the website of investment consultant NEPC, which is assisting in the search.