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Oakland County Retirement earmarks $15 million for real estate fund
trueOakland County Retirement and Deferred Compensation Board, Waterford, Mich., committed $15 million to Walton Street Real Estate Fund VIII.
Washington commits $500 million to Global Infrastructure Partners
trueWashington State Investment Board on Thursday committed up to $500 million to Global Infrastructure Partners III.
University of Michigan slates $302 million for 7 managers
trueUniversity of Michigan invested or committed a total of $302 million in nine investment strategies from its $9.8 billion long-term endowment pool.
San Francisco makes commitment to latest Blackstone European real estate fund
trueSan Francisco City & County Employees’ Retirement System committed up to €100 million ($108 million) to Blackstone Real Estate Partners Europe V, managed by Blackstone Group.
University of Houston sets $15 million for private equity, terminates 3 hedge funds
trueUniversity of Houston System committed $15 million total to two private equity funds on behalf of its roughly $610 million endowment.
Ohio Police & Fire commits up to $50 million to global buyout fund
trueOhio Police & Fire Pension Fund committed up to $50 million to Advent Global Private Equity VIII, a global buyout fund with a primary focus on Europe and North America managed by Advent International.
Illinois State Universities launches overlay, private equity fund-of-funds searches
trueIllinois State Universities Retirement System issued separate RFPs for managers to run up to $400 million in notional value in equity index option overlay strategies and for managers to run $100 million for private equity emerging manager fund of funds.
EMPEA: $30 billion in private capital raised for emerging markets in first 9 months
trueSome $30 billion of private equity, private infrastructure and private credit capital was raised in the first three quarters of this year for developing economies, compared to $51 billion of private capital raised for emerging markets in all of last year, said data released Wednesday by the ...
New Mexico Educational allocates $290 million to 3 managers
trueNew Mexico Educational Retirement Board invested or committed a total of $290 million to three managers.
Infrastructure management fees falling
trueAmong private infrastructure funds currently raising or those with a 2014/2015 vintage, 37% charge a management fee of 2%. That figure is down significantly from 2012/2013 vintage funds when 61% charged a management fee of 2% or more.
Florida State Board seeking pool of real estate auditors
trueFlorida State Board of Administration is searching for a pool of auditors to provide services for the internally managed real estate portfolio.
Kentucky Teachers pledges $90 million to distressed debt, infrastructure funds
trueKentucky Teachers’ Retirement System committed $90 million total to two alternative funds.
BlackRock shutters global macro fund
trueBlackRock has nearly finished closing its global macro hedge fund and returning money to investors.
Massachusetts Housing pension fund wants private equity fund of funds
trueMassachusetts Housing Finance Agency Employees’ Retirement System is searching for a private equity fund-of-funds manager to run $5 million to $10 million.
San Francisco City & County sets $30 million for venture capital
trueThe $20 billion San Francisco City & County Employees’ Retirement System committed up to $30 million to Trinity Ventures XII.