piotrk
Assets Under Management: $38.4 bln Target allocation to alternatives: 7 pct PE actual allocation: 2.3 pct Contact: Dhvani Shah, chief investment officer: dshah@imrf.org Illinois Municipal Retirement Fund at its March meeting committed heavily to funds from Inflexion Private Equity, which target the lower mid-market in the U.K. IMRF pledged £70 million ($92 million) to Inflexion’s Enterprise Fund V […]
AUM: $15.8 bln PE adviser: TorreyCove; General fund consultant: Meketa Contact OCERS: +1 714-558-6200; CIO is Molly Murphy Why its important: The system expects to hit its target allocation this year, after failing to do so in 2018 Orange County Employees Retirement System set its 2019 private equity pacing plan at its March meeting, increasing its target […]
AUM: $17 bln RE Target Allocation: 7 pct Contact: +1 213-779-8328 Why its important: LACERS ramps pace to meet increased target to real estate Los Angeles City Employees’ Retirement System set its annual real estate pacing at its March meeting. LACERS will commit between $140 million to $170 million in real estate commitments for the year, in its Core […]
Why this is important: Family office sources, executes deals using large network Haas Portman, an Atlanta-based joint-family office, tries to double its expertise on deals it chases: it taps co-investors from its extensive network with experience in its target sectors. As an example, the family office, formed in 2013, would bring in experienced food investors […]
AUM: $76.1 bln RE Allocation: 6.8 pct RE Target: 7.2 pct Contact: William Skaggs, william.skaggs@treas.nj.gov New Jersey State Investment Council plans to commit between $225 million to $300 million in real estate investments this year, according to notes from its March meeting. The system is following this pacing model to achieve its target allocation of 7.25 percent. The […]
Assets Under Management: $19.5 billion PE allocation: 7.3 pct, 8 pct target Whom to Contact: Kristen Basso, KBasso@KPERS.org Kansas Public Employees Retirement System at its March meeting made $150 million in commitments to private equity and real estate funds. Board commitments include: $50 million to TA Associates’ 13th fund, targeting $7.5 billion; $50 million to Platinum Equity Capital […]
AUM: $4.1 billion PE allocation target: 10 pct Contact: treasurers.office@vermont.gov Vermont Pension Investment Committee at its March meeting reviewed potential $150 million in private equity commitments for 2019. VPIC is considering expanding its relationship with global private equity investment firm HarbourVest with a $100 million commitment to its Dover Street X fund. HarbourVest has been the […]
Strattam Capital, the Austin private equity firm focused on business-IT services, in early March hired Neil Willis as the firm continues to expand post-Fund II closure. Strattam is also looking for an associate to join the 12-member investment team, Co-Founder Bob Morse told Buyouts. “It’s really the growth of the firm around the raising of the […]
AUM: $25.6 bln PE target: 5 pct PE allocation: 5.3 pct Whom to contact: Michael Walden-Newman, CIO (nic.info@nebraska.gov) Why is this important: Nebraska has invested with New Enterprise’s flagship funds twice before Public pensions usually don’t get access to top performing venture capital funds. But Nebraska doesn’t have that problem. Nebraska Investment Council said at its March meeting […]
Why is this important: Early-close investors, repeat investors and large investors will receive a discount on the pool’s management fees. AUM: $25.6 bln Target IRR: 12-14 pct Contact NIC: nic.info@nebraska.gov Nebraska Investment Council at its March meeting committed $40 million to Rockwood Capital’s 11th fund. Rockwood XI invests in real estate in the U.S. and focuses on “office and […]