Chris Witkowsky

Strategic Value Partners has held a first close on $322 million for its third fund, which has been targeting $1 billion, according to a person familiar with the situation, sister news service peHUB reported.

The chief investment officer of the Pennsylvania State Employees’ Retirement System, one of the oldest and most prolific public system limited partners in the private equity industry, has resigned effective Dec. 31, sister news service peHUB reported.

• Clark to step down Dec. 31 • Executive had been pushed into personal leave • Board meeting approves review The chief investment officer of the Pennsylvania State Employees’ Retirement System, one of the oldest and most prolific public system limited partners in the private equity industry, has resigned effective Dec. 31, sister news service […]

The Pennsylvania Public School Employees’ Retirement System is closing out 2013 in a big way, committing more than $625 million to alternative investment managers, sister news service peHUB reported.

Odyssey Investment Partners, a middle market-focused firm, has essentially hit its $2 billion hard cap for its fifth fund, according to documents from the Pennsylvania Public School Employees’ Retirement System, sister news service peHUB reported.

• LP commits more than $625 mln to alternatives • CVC, Odyssey, Blackstone and DRA get $100 mln each • In October, board approved more than $1 bln The Pennsylvania Public School Employees’ Retirement System is closing out 2013 in a big way, committing more than $625 million to alternative investment managers, sister news service […]

Connecticut’s state Treasurer Denise Nappier is considering making a commitment of $125 million to Apollo Global Management’s eighth fund.

The Allstate Corporation has launched its first private equity emerging manager program with $100 million to be invested over three years, according to Edgar Alvarado, the company’s head of real estate equity, sister news service peHUB reported.

Legislation to exempt most private equity firms from the registration requirement has taken a step forward. But the end is not in sight.

Jay Fewel is retiring from the Oregon State Treasury after 24 years. The senior equity investment officer helped guide the treasury into private equity investments. Jay Fewel, who helped guide Oregon’s state Treasury into private equity investments, is retiring, a Treasury spokesperson told peHUB, a sister publication to Buyouts. Fewel, whose title is senior equity investment officer, […]