piotrk
AUM: $34.3 bln PE actual: 6.7 pct PE target allocation: 11 pct Contact: Steven Jensen at Steve.Jensen@ct.gov Connecticut Office of the State Treasurer at its April meeting considered a $125 million commitment to Welsh, Carson, Anderson & Stowe’s 13th fund, according to a letter by State Treasurer Shawn Wooden. WCAS XIII is a North American buyout fund focused […]
AUM: $29 bln PE target: 16 pct Actual allocation: 13.1 pct Whom to Contact: Executive Director Amy Bishop: +1 512-328-8889 Texas County & District Retirement System committed $341 million to private equity funds in 2019 to date, according to its website. Board commitments include: $10 million to EIV Capital’s co-invest Fund I, which targets the energy industry; […]
Bracing for inevitable economic headwinds, financial sponsors are proving a little less willing to stretch on valuations as their sell-side counterparts remain eager to exit under still-favorable conditions. The tone of the market shifted at the beginning of the year as a result of two things: December volatility in the markets and an economic picture […]
AUM: $12.7 bln PE: 7.4 pct PE Target: 9 pct Contact: communications@rsic.sc.gov Why it’s important: South Carolina re-upped its relationship with Providence growth pool South Carolina Retirement System Investment Commission at its April meeting re-upped with Providence Strategic Growth Capital Partners. The board committed $75 million to Providence Strategic Growth IV, which focuses on growth and small buyout investments […]
Assets under management: $23.75 bln Target allocation to PE/VC: 12 pct Key advisers/consultants: Pavilion Alternatives Group Whom to contact for a meeting: Charles Wollmann(wollmann@state.nm.us) New Mexico State Investment Council at its March meeting committed $175 million to funds from Platinum Equity and Advent International, documents show. The system re-upped with Platinum, pledging $75 million to Fund V, […]
AUM: $132.3 bln PE: $21.3 bln Target allocation to PE: 23 pct Contact the board: +1 360-956-4600 or recep@sib.wa.gov Washington State Investment Board’s private markets committee at its April meeting recommended up to $200 million to Searchlight Capital’s third fund, documents show. Searchlight Capital Fund III focuses on middle-market companies in IT, communication services and consumer discretionary […]
Commonfund: Investors see best potential in small funds, EMs Major firms have launched small-focused funds Three-fifths of investors say diversity important to success Institutional investors love PE and say small funds and emerging markets managers present the best opportunity today. That’s according to a Commonfund survey, which included 200 investors from endowments, foundations and public pensions. […]
Commonfund’s AUM: $25 bln Whom to contact: Kate Sylvester, ksylvester@prosek.com Why is this important: Investors have faith that PE will perform well, despite market changes Institutional investors love PE and say small funds and emerging markets managers present the best opportunity today. That’s according to a Commonfund survey, which included 200 investors from endowments, foundations and public pensions. Responses […]
AUM: $8.4 bln PE allocation: 6.7 pct; PE target allocation: 11.25 pct PE portfolio size: $1.5 bln Whom to contact: Evan England (evan.england@treasury.ri.gov) Why this is important: The system invested in two of Advent’s previous funds Rhode Island State Investment Commission at its March meeting committed $60 million to Advent International’s ninth global private equity fund, […]
AUM: $11.2 bln PE Allocation: 12.1 pct PE Target Range: 13 to 14 pct Contact: Dan Villa, executive director, dvilla@mt.gov; main number: +1 406-444-0001 Montana Board of Investment at its April meeting made a commitment to a Silicon Valley-based Foundation Capital’s ninth fund. Montana pledged $20 million to Foundation’s Fund IX, which focuses on technology markets, a person familiar […]