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Florida SBA commits $772.5 million to 8 funds
trueFlorida State Board of Administration committed $772.5 million to eight private equity and real estate funds.
Charlesbank closes 8th private equity fund at $1.75 billion
trueCharlesbank Capital Partners closed its eighth private equity fund at $1.75 billion, exceeding its $1.5 billion target and reaching its hard cap.
Co-investments: More bang for your buck
truePrivate equity has been producing superior risk-adjusted returns, enticing investors to look no further than the asset class to get more bang for their buck. And, private equity fund sponsors are capitalizing on this to convince investors to put more dollars behind them. The strategy which is ...
New Jersey seeks senior alternatives professionals for pension fund
trueNew Jersey Division of Investment, which manages investments for the $78.6 billion New Jersey Pension Fund, is seeking to hire “senior alternatives investment professionals” with backgrounds in real estate, private equity, real assets and/or hedge funds.
Norfolk County opens searches for transition, real estate and private equity managers
trueNorfolk County Retirement System, Canton, Mass., is seeking a transition manager, a real estate fund-of-funds manager to run up to $10 million and a private equity co-investment manager to run up to $15 million, said RFPs posted on the website of Wainwright Investment Counsel, consultant to the ...
Carlyle carry funds rise 5% in second quarter
trueThe Carlyle Group said its carry fund valuations rose 5% during the second quarter of 2014, according to preliminary performance figures released Monday. Its portfolio is up 11% year to date, and up 20% in the 12 months ended June 30.
Morgan Stanley closes fourth Asia-focused PE fund at $1.7 billion
trueMorgan Stanley's latest Asia-focused private equity fund, Morgan Stanley Private Equity Asia IV, L.P., is closing with commitments of roughly US$1.7 billion, the company announced Monday.
First SEC case on pay-to-play sends a message
trueThe first enforcement case brought under the SEC's pay-to-play rules has increased awareness of the extent of the regulations, and their impact on managers and investors.
TPG acquires stake in HS Group to seed Asia hedge funds
trueTPG Holdings is acquiring an undisclosed stake in HS Group, an investment firm that provides seed capital to new hedge funds in Asia, said spokesman Owen Blicksilver in an e-mail.
Landmark Partners adds principal
trueGeoffrey Mullen joined private equity and real estate secondary market firm Landmark Partners as principal.
Iowa PERS gives Pathway Capital another $100 million for private equity searches
trueIowa Public Employees’ Retirement System authorized Pathway Capital Management, its full discretionary private equity manager, to search for private equity partnerships and commit $100 million total.
Preqin: Quarterly private equity fundraising exceeds $100 billion for fifth consecutive quarter
trueData provider Preqin said $127 billion in global private equity was raised across 187 funds during the quarter ended June 30.
Abu Dhabi Investment Authority expanding internal alternatives capabilities
trueAbu Dhabi Investment Authority plans to selectively add personnel across real estate, infrastructure and private equity this year.
American Securities Opportunities Fund III closes at $1 billion
trueAmerican Securities announced Friday the closing of American Securities Opportunities Fund III at its $1 billion hard cap.
Illinois Teachers commits to 2 funds, lowers assumed rate of return
trueIllinois Teachers' Retirement System approved a total of $150 million for two commitments to existing managers from the $44.2 billion pension fund's private equity portfolio.