Gregory Roth

Investor: Wyoming Loan and Investment Board Assets Managed: $16 Billion (June, 2012) PE Assets Managed: $227 Million (June, 2012) PE Allocation / Target: 2% / 4% (June, 2012) Chief Investment Officer: Michael Walden-Newman The Wyoming Loan and Investment Board, which oversees $16 billion in natural resource and land trust funds, has decided to increase its […]

In the on-again, off-again war of attrition between South Carolina’s state treasurer, Curtis Loftis, and the rest of the South Carolina Retirement System Investment Commission, where Loftis is a voting member, a stalemate has ensued after the state’s Supreme Court dismissed a case that the commission brought to compel Loftis, who as treasurer is also the pension’s banker, to fund a capital call for a Warburg Pincus private equity fund.

Abbott Capital Management has begun raising money on its newest flagship fund of funds, Abbott Capital Private Equity Fund VII LP, and aims to raise at least $1 billion, according to a recent filing with the Securities and Exchange Commission.

The $37 billion Tennessee Consolidated Retirement System will soon be looking for a new director of private equity. The pension’s current director, Lamar Villere, told Buyouts that he plans to step down from TCRS at the end of June to become a portfolio manager at Villere & Co., his family’s New Orleans-based money management firm.

The Texas Permanent School Fund, a $26 billion sovereign wealth fund benefiting the state’s public schools, signed up Neuberger Berman to manage a $900 million private equity separate account that will give the School Fund more say over its private equity investment decisions than it previously had with two separate accounts that were launched in 2010. The new three-year mandate was announced at an April board meeting broadcast on the School Fund’s Web site. The School Fund’s chief investment officer, Holland Timmins, declined to comment.

In a little-known Canadian town lies a tobacco laboratory doing some important work you probably never heard of. And that’s just fine with Huron Capital Partners, a Detroit-based private equity firm that seeks out small to mid-market family and entrepreneur-owned companies that are eager to take their business to the next level.

Peter Dolan, the director of private equity and venture capital for the Harvard Management Company, which oversees the world’s largest endowment, stepped down on April 10, according to a person familiar with Dolan’s decision.  On an interim basis, Dolan will be replaced by John Shue, according to the source.

Providence Equity Partners has formed a special situations debt fund, Providence Debt Opportunity Fund III LP, which will—for the first time—make investments outside the firm’s core specialization in media, technology and education companies, according to an April presentation made to the Louisiana Teachers’ Retirement System. The fund has a target of $500 million.

Portfolio Advisors, a Darien, Conn.-based fund of funds manager, reached a $1.1 billion close on its latest flagship vehicle, Portfolio Advisors Private Equity Fund VII LP, according to Paul Crotty, a managing director at the firm. The new fund surpassed its original $1 billion target, and came two years after its predecessor, Fund VI, also attracted $1.1 billion in commitments.

The University of Pennsylvania tapped Peter Ammon, a colleague of legendary Yale University endowment chief David Swensen, as its next chief investment officer. Ammon, who is 36 years old, has been at Yale for eight years. His new job is set to begin July 1, the first day of the university’s 2014 fiscal year.