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Tennessee Consolidated searching for private equity consultant
trueTennessee Consolidated Retirement System is searching for a private equity investment consultant.
Pennsylvania Public School Employees seeks hedge fund consultant
truePennsylvania Public School Employees’ Retirement System is looking for a hedge fund consultant for the $51.7 billion pension fund.
NYU faculty calls for endowment to divest from fossil fuels
trueMore than 130 New York University faculty members called for fossil-fuel divestment in an open letter sent to NYU President John Sexton on Monday.
Kansas Public Employees commits to Northern Europe buyout fund
trueKansas Public Employees Retirement System committed about $121 million total to two alternatives funds.
GIC, Exeter Property Group form European real estate partnership
trueSingapore sovereign wealth fund GIC formed a €300 million ($328 million) real estate partnership with Exeter Property Group.
Oklahoma Firefighters picks hedge fund-of-funds, GTAA managers
trueOklahoma Firefighters Pension & Retirement System hired Permal Group and Allianz Global Investors as a hedge fund-of-funds manager and global tactical asset allocation manager, respectively.
Cross-border PE deals on the rise in Asia
truePrivate equity investments that hinge on expanding a target company's geographic footprint as a key to adding value will be a bigger focus for the latest crop of funds being raised for deployment in Asia.
Costs go through roof on ISBI Boston investment
trueFor the Illinois State Board of Investment, a property in the Boston area might be almost worth its weight in snow removal.
CAIA group reaches out to far-flung members
trueThe Chartered Alternative Investment Analyst Association is opening the CAIA Virtual Chapter.
HFR: Hedge fund launches down in 2014
trueThe estimated number of hedge funds launched in 2014 dropped by about 2%, according to data released Friday by HFR. It was the third straight year in which fund launches declined.
Carlyle closes first international energy fund at $2.5 billion
trueThe Carlyle Group announced Friday the closing of its first international energy fund, Carlyle International Energy Partners, at $2.5 billion, a news release said.
Houston Municipal redeems hedge fund investment with Mason Capital
trueHouston Municipal Employees Pension System is redeeming its $10 million investment with hedge fund manager Mason Capital Management, spokesman Peter Koops said in an e-mail.
Preqin: More interest in direct infrastructure investments
trueA growing number of institutional investors are looking to invest directly in infrastructure rather than committing to pooled funds, new survey data from Preqin show.
Exits to strategic buyers up 13% in 2014
trueCorporate buyers snapped up 715 private equity portfolio companies in 2014 – 13% more than the prior year, according to Bain & Co.'s 2015 global private equity report, released Thursday.
Money managers worried about credit market liquidity — survey
trueMoney managers are increasingly concerned about scarce credit market liquidity, with worries extending beyond high yield and emerging markets bonds, and to U.S. and European credit markets, said a new survey.