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Kleiner Perkins wins in gender discrimination case
trueA jury rejected Ellen Pao's claims of gender discrimination by Kleiner Perkins Caufield & Byers, in a case that riveted Silicon Valley for weeks.
Aberdeen acquires remaining 49.9% stake in SVG Capital
trueAberdeen Asset Management will purchase the remaining 49.9% stake in its joint venture with SVG Capital for £29 million ($43.3 million.)
Ohio Police & Fire commits $100 million to 2 funds
trueOhio Police & Fire Pension Fund made two new commitments totaling up to $100 million.
Colorado PERA adopts new long-term asset allocation with more alternatives
trueColorado Public Employees' Retirement Association is boosting its long-term alternatives target allocation and reducing its global equity and fixed-income targets.
Carlyle takes stake in fund administration firm Conifer Financial Services
trueThe Carlyle Group will acquire a majority stake in asset services firm Conifer Financial Services, in a deal expected to close in the second quarter.
Pension funds cashing in on the Kraft/Heinz deal
trueThe top 10 pension fund holders of Kraft Foods Group stock made nearly $250 million Wednesday morning (on paper) after the announcement the firm would merge with H.J. Heinz Co.
Tennessee Consolidated searching for private equity consultant
trueTennessee Consolidated Retirement System is searching for a private equity investment consultant.
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.
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.
Plymouth County Retirement seeks private equity manager
truePlymouth County (Mass.) Retirement Association is searching for private equity managers to run up to $20 million.
Palm Beach Retirement System picks J.P. Morgan private equity fund
truePalm Beach (Fla.) Retirement System committed $5 million to J.P. Morgan Global Private Equity Institutional Investors V, managed by J.P. Morgan Asset Management.
PennPSERS commits $663 million to 4 managers
truePennsylvania Public School Employees’ Retirement System committed a total of about $663 million to one real estate fund and three private equity funds.
MainePERS earmarks $219 million for 4 funds
trueMaine Public Employees Retirement System made four new commitments totaling up to $219.2 million.
CalPERS makes Blackstone co-investment; invests $764 million with TOBAM
trueCalPERS made a $100 million co-investment alongside the Blackstone Tactical Opportunities Fund, a separate account set up by Blackstone Group for the $296.6 billion pension fund. Separately, the fund is graduating TOBAM from its manager development program and giving the firm $764 million to manage in an expanded global equity strategy.
Louisiana State Employees signs up for Coller Capital secondary fund
trueLouisiana State Employees’ Retirement System committed $75 million to Coller International Partners VII, a secondary market private equity fund managed by Coller Capital.