piotrk
AUM: $354 bln Deadline: May 22, 2019 Why is this important: Interested firms have a few more days to submit proposals to join CalPERS as consultants California Public Employees’ Retirement System extended its request for proposals for investment consultants by almost a week, the second extension that the $354 billion system made in two months. The […]
AUM: $206.89 bln PE Allocation: 7.1 pct Contact: John Kuczwanski, john.kuczwanski@sbafla.com Florida State Board of Administration committed $247 million to five private equity funds during the first quarter of 2019. Q1 Board commitments include: 286 million Swedish kronor ($30 million) to Summa Equity’s second fund. The fund closed in February at a hard cap of $681 […]
Assets Under Management: $207 bln PE Allocation: 8.3 pct/target 10 pct Whom to contact: Matthew Sweeney, msweeney@osc.state.ny.us Why it’s important: After a slow start in 2019, NYS Common Retirement is making large commitments to PE funds New York State Common Retirement Fund at its March meeting committed $650 million to private equity funds focused in North American, […]
AUM: $8.4 bln PE Allocation: 10.3 pct Whom to contact: Marty Karlon, marty.karlon@nhrs.org Why this is important: The system has reached its PE target range with April’s commitments New Hampshire Retirement System at its April meeting pledged $75 million to secondaries strategies in private equity and venture, the system’s public information officer, Marty Karlon, told Buyouts. The system’s independent investment […]
Founded: 2016 Whom to contact: Jacob Roffman, jroffman@39northcapital.com Why is this important: 39 North Capital seeks businesses that have strong management teams and that can handle the day-to-day The New York single-family office 39 North Capital is happy to work with founders and families on businesses in which the owners continue to call the shots. “We’re not coming in […]
AUM: $119 bln PE allocation: 8 pct Contact: communit@nystrs.org or +1 800-348-7298 Why its important: NYS Teachers increased its PE commitments from the previous quarter New York State Teachers Retirement System committed more than $1.2 billion in private equity commitments during the first quarter, according to minutes from its April meeting. The system ended the quarter with 233 […]
Aberdeen looks for secondary deal flow in smaller side of the market Has looked at single-asset deals ILPA restructuring guidelines will help bring transparency to the market Patrick Knechtli is the head of secondaries at Aberdeen Standard Investments. He spoke to Buyouts about new ILPA guidelines and how the secondaries market would react to a recession. […]
Why is this important: Board OKd recommendations from NEPC to allocate to four substrategies Assets under management: $2.7 bln PE portfolio: $186 mln PE allocation vs target: 6.94 pct against 10 pct Contact: Amy Baskerville, abaskerville@bcfpers.org Baltimore Fire & Police Employees’ Retirement System at its March meeting approved $60 million to special situations and secondaries private equity managers, meeting […]
AUM: $32.3 bln PE Target Allocation: 11 pct/actual 13.9 pct PE investment advisor: Pathway Capital Management Whom to contact: Melinda Mcelroy, melinda.mcelroy@ipers.org Iowa Public Employees’ Retirement System at its March meeting authorized Pathway Capital Management, its sole PE manager, to commit up to $700 million to the asset class for 2019, an investment-board meeting agenda shows. Pathway has […]
AUM: $12.6 bln PE Actual/Target Allocation: 13 pct Contact: Bob Jacksha, CIO, bob.jacksha@state.nm.us New Mexico Educational Retirement Board at its April meeting committed $40 million to a Raine Group growth equity fund, Bob Jacksha, the system’s chief investment officer, told Buyouts. Raine Partners III focuses on entertainment, gaming, sports, lifestyle and digital media and internet companies […]