Gregory Roth
Pension Manager: New Jersey Division of Investment Assets Managed: $70 Billion (Jan. 31, 2012) Private Equity Assets: $5 Billion (Jan. 31, 2012) Private Equity Allocation: 7% (Jan. 31, 2012) Private Equity Target Allocation: 5.5% Chief Investment Officer: Timothy Walsh As it continues to rack up commitments from the nation’s largest pension funds, Warburg Pincus nabbed […]
The New York State Common Retirement Fund made a series of four private equity commitments, together amounting to more than $400 million.
In February, Thoma Bravo closed its tenth fund with $1.25 billion in commitments after being in the market just five months. Fundraising is tough right now. How did you close so quickly? One of the things that contributed to our success is that we try to work closely with our advisory committee, which is made […]
For most cash-drained sponsors in a hurry to reach their targets in the first quarter, the fundraising highway has been frustratingly slow. Not much additional fresh capital has been available to widen the road, so bumper-to-bumper traffic is expected for a while.
Pension System: New York City Bureau of Asset Management Pension Assets: $115 Billion (Dec. 31, 2011) Invested Private Equity Assets: $7.9 Billion (Dec. 31, 2011) Private Equity Allocation: 6.9% (Dec. 31, 2011) Chief Investment Officer: Lawrence M. Schloss The New York City Bureau of Asset Management, which earlier this year added $500 million to the […]
Pension Manager: New Jersey Division of Investment Assets Managed: $70 Billion (Jan. 31, 2012) Private Equity Assets: $5 Billion (Jan. 31, 2012) Private Equity Allocation: 7% (Jan. 31, 2012) Private Equity Target Allocation: 5.5% Chief Investment Officer: Timothy Walsh Christine Pastore, who helped lead the $70 billion New Jersey pension system’s intrepid expansion into alternative […]
Pension System: Minnesota State Board of Investment Assets Managed: $57.5 billion (Dec. 31, 2011) Private Equity Assets: $4.2 Billion (June 30, 2011) Private Equity Allocation: 8.6% of Main Fund (June 30, 2011) Long Term Target Allocation for Alternatives: 20% Executive Director: Howard Bicker The Minnesota State Board of Investment, which manages $57.5 billion for several […]
1. You were hired a year ago to spearhead 3i’s expansion in Brazil. Do you plan mainly to invest from 3i’s global funds, or does the firm plan a dedicated Brazilian fund? Since 3i is a publicly listed company (in the U.K.), and because we have permanent capital, our current strategy is to use the balance […]
Canadian pension funds continue to be among the most aggressive limited partners in taking control of their programs, and driving down their costs, through the use of co-investments and direct investments.
Firm: Admiral Capital Fund: Admiral Capital Real Estate Fund Target: $250 Million Co-Founders: David Robinson and Daniel Bassichis When it comes to raising his new fund, Hall of Fame basketball star David Robinson hit a trifecta, leveraging his fame as star for the San Antonio Spurs, his military ties (he attended the Naval Academy) to […]