piotrk
AUM: $90.2 bln PE allocation: 7 pct Why it’s important: MSB is adding new managers and recommitting to current ones Contact MSBI at +1 651-296-3328 or minn.sbi@state.mn.us Minnesota State Board of Investment at its March meeting approved $650 million in commitments to new and existing private equity funds. MSB has $4.8 billion in PE assets, which amounts to […]
AUM: $49 bln PE Allocation: 13.2 pct, target 12 pct Whom to contact: Dave Urbanek, director of communications, durbanek@trsil.org Teachers’ Retirement System of Illinois committed $318 million to private equity funds spanning communications and consumer sectors. The system at its March meeting also made $500 million of pledges to real estate funds. TRS’s PE portfolio grew to $6.8 billion […]
Why is this important: BX and Rockpoint real estate funds have performed well AUM: $19.5 bln RE allocation: 9 pct; target 10 pct PE allocation: 15 pct; target 14 pct Whom to contact: Lisa Honore at lisa.honore@trsl.org Investment Adviser: Hamilton Lane Teachers’ Retirement System of Louisiana at its March meeting committed $125 million in private market investments, […]
Gamut Capital-backed JPW Industries acquired Baileigh Industrial, a metal machinery and metal fabrication equipment company, according to documents seen by Buyouts. Gamut paid almost $150 million for the add-on, financing the transaction with $50 million in equity and $100 million in debt. The agreement was signed March 12, the documents showed. Goldman Sachs and BMO […]
Why is this important: WI put $100 mln into funds from each of Lindsay Goldberg, TSG and Warburg Pincus AUM: $110 bln PE market value: 8.9 pct Whom to contact: Vicki Hearing, communication manager, Vicki.hearing@swib.state.wi.us Wisconsin’s state pension system committed $562 million to various private equity funds in Q4, materials from its March meeting show. A State […]
Why is this important: Newer managers, including women- and minority-owned firms, can benefit from program Overall AUM: $200.2 bln EM assets in PE lifted by two-thirds to $1.5 bln Contact: Josiel Estrella at +1 212-669-4177 or jestrel@comptroller.nyc.gov New York City Retirement System added $600 million to its emerging-managers program in private equity, New York City Pension Fund and City […]
AUM: $24.8 bln PE target allocation: 18 pct PE actual: 19.8 pct Contact SFERS at sfersconnect@sfgov.org Why is this important: The system is investing in both medium and large buyouts San Francisco Employees’ Retirement System pledged $225 million to funds from ABRY Partners, Genstar Capital and TPG, according to a memo from CIO William Coaker prepared for its March […]
AUM: $26.9 billion PE target allocation: 13 pct PE allocation: 15.2 pct Whom to contact: Kelley Davenport, assistant to the executive director, kelley.davenport@ers.texas.gov Why is this important: Texas ERS is changing its benchmark to better serve how assets are structured Employee Retirement System of Texas, like several other U.S. public systems, is considering changing the way it […]
AUM: $56 bln Private markets allocation: 14 pct Whom to contact: Evelyn Tatkovski Williams (evwilliams@pa.gov) Why this is important: PA PSERS’s relationship with Searchlight allows it to re-invest with a high-conviction manager Pennsylvania Public School Employees’ Retirement System at its March meeting committed more than $415 million in private equity, real estate and absolute return. PA […]
AUM: $38.4 bln PE allocation: 3.9 pct Why this is important: Pension wants consultants with experience working with diverse firms Contact: Nisa D. Neely, senior communications specialist, NNeely@imrf.org Illinois Municipal Retirement Fund is searching for a general investing consultant to focus on its major asset classes. The fund disclosed the search at its February meeting, during which the […]