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Louisiana State Employees puts $50 million more with EnTrust Capital
trueLouisiana State Employees’ Retirement System, Baton Rouge, invested an additional $50 million in EnTrust Capital’s hedge fund-of-funds portfolio, said recently released investment committee minutes.
2 Canadian pension funds start renewable energy, water infrastructure firm with Santander
trueOntario Teachers’ Pension Plan, Toronto, and the Public Sector Pension Investment Board, Montreal, teamed up with Banco Santander to launch a firm to manage and invest in renewable energy and water infrastructure assets globally.
New Jersey commits nearly $1.2 billion, redeems 2 hedge funds
trueThe New Jersey Division of Investment committed up to $1.175 billion for the $79.2 billion New Jersey Pension Fund.
Alaska Permanent taps 2 for consulting
trueAlaska Permanent Fund Corp. hired TorreyCove Capital Partners and LP Capital Advisors as consultants for private market and special opportunity investments.
Texas County & District makes commitment to distressed debt fund
trueTexas County & District Retirement System committed €45 million ($52 million) to AnaCap Credit Opportunities III.
Macro strategies in favor with largest hedge fund investors
truePreqin says nearly half of hedge fund searches among the largest investors in such vehicles are currently focused on macro strategies. The research provider says political tensions and significant economic events (such as the end of quantitative easing) “have created many potential opportunities ...
Ohio School Employees signs Western Asset for high-yield credit energy strategy
trueOhio School Employees Retirement System, Columbus, hired Western Asset Management Co. to run $50 million in a high-yield credit energy strategy.
Aberdeen to expand U.S. presence with FLAG Capital Management acquisition
trueAberdeen Asset Management will acquire U.S. and Hong Kong-based private equity and real assets funds-of-funds manager FLAG Capital Management, in a deal that will expand Aberdeen's presence in the U.S. market.
CBRE: Asian cross-border real estate investments hit first-quarter record
trueCross-border commercial real estate investments by Asian investors reached a first-quarter record of $8.7 billion, with the U.S. market attracting almost 40% of the total, CBRE Group announced Wednesday.
Texas Employees to look for high-yield manager
trueTexas Employees' Retirement System will search for a high-yield manager this summer to replace Fountain Capital Management, which managed $261 million and closed in February.
Nashville & Davidson County makes new commitments totaling $180 million
trueNashville (Tenn.) & Davidson County Metropolitan Government Employee Benefit Trust Fund made five new commitments totaling $180 million.
Kentucky Retirement Systems taps 3 for $195 million in alternatives
trueKentucky Retirement Systems committed $195 million to three alternatives firms.
Kansas PERS sets $75 million for TA fund, drops Guggenheim
trueKansas Public Employees Retirement System committed up to $75 million to TA XII, a buyout fund managed by TA Associates
Nebraska Investment Council earmarks $40 million for value-added real estate fund
trueNebraska Investment Council committed $40 million to Rockwood Capital Real Estate Partners X, a closed-end value-added real estate fund.
University of Houston endowment makes 3 private equity commitments
trueUniversity of Houston System committed $22.5 million total to three private equity funds on behalf of its approximately $600 million endowment.