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Fort Worth Employees terminates 2 managers
trueFort Worth (Texas) Employees' Retirement Fund terminated two managers, said Joelle Mevi, executive director and chief investment officer, in an e-mail.
Solus Alternative Asset Management adds chief strategist from BTIG
trueDaniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist.
CalPERS reports seven times more in net gains vs. carried interest over 25 years
trueCalPERS said Tuesday in a long-awaited disclosure that since 1990 it had paid $3.4 billion in carried interest performance fees to private equity managers but had received $24.4 billion in net gains over that period.
New Jersey to disclose 5-year history of fees, performance data
trueNew Jersey State Investment Council, which oversees the policies governing the $79 billion New Jersey Pension Fund, has voted to report a five-year history of fees and performance data for the pension fund’s investments.
Elliott Management names co-CEO as part of succession plan
trueJonathan D. Pollock was named co-CEO of hedge fund manager Elliott Management, sharing the title with Paul E. Singer, the firm's founder.
Petco valuations through the years
trueCVC Capital Partners and the Canada Pension Plan Investment Board announced they had entered into an agreement to buy Petco Animal Supplies from TPG and Leonard Green & Partners for $4.6 billion.
Warburg Pincus raises $12 billion for latest private equity fund
trueWarburg Pincus raised $12 billion for its latest private equity fund, Warburg Pincus Private Equity XII.
Texas County & District commits $80 million to TSG funds
trueTexas County & District Retirement System committed $64 million to TSG7 A and $16 million to TSG7 B.
LACERA invests $300 million in credit hedge fund of funds, commits $206 million
trueLos Angeles County Employees Retirement Association invested $300 million in a customized opportunistic credit hedge fund-of-funds portfolio managed by Grosvenor Capital Management.
Worcester Retirement seeking infrastructure manager
trueWorcester (Mass.) Retirement System is searching for an infrastructure manager to run about $10 million to $15 million.
Ohio Public Employees allocates $900 million to private equity, real estate
trueOhio Public Employees' Retirement System made new private equity commitments totaling $706 million and one new real estate commitment totaling $200 million.
Texas Permanent School Fund puts $90 million with 2 real estate managers
trueTexas State Board of Education approved real estate commitments totaling up to $90 million from the $28.4 billion Texas Permanent School Fund.
Illinois Municipal sets $283 million for real estate
trueIllinois Municipal Retirement Fund on Friday approved committing a total of up to $283 million to three real estate managers.
Arizona Public Safety makes $50 million commitment to TSG funds
trueArizona Public Safety Personnel Retirement System committed up to $50 million total to TSG 7A and TSG 7B funds.
HFR: Emerging markets assets little changed year-to-date
trueTotal hedge fund assets invested in emerging markets fell by $11 billion during the third quarter, according to HFR's third-quarter emerging markets industry report.