piotrk
Assets Under Management: $56.8 bln PE Allocation: 11.3 pct/10 pct target Why this is Important: PE exceeded expectations, consistently hitting its benchmarks Los Angeles County Employees Retirement Association at its January meeting approved $270 million in commitments. The system also gave an update on a secondary sale of a chunk of its PE portfolio. LACERA […]
Wavecrest Growth Partners is looking for business-to-business tech deals outside Silicon Valley with a fresh pool of capital from its debut fund. The Boston private equity shop, co-founded in 2016 by former Bain Capital Ventures Partner Deepak Sindwani and former tech executive Vaibhav Nalwaya, closed Fund I on $190 million this week. The fund exceeded its $100 […]
Assets under management: $14.7 bln Private markets allocation: 8 pct Private markets portfolio: $1.22 bln Why its important: OP&F has reached and wants to maintain its allocation goal Contact: Theodore Hall, CIO, +1 614-228-2975 Ohio Police & Fire Pension Fund plans to deploy $120 million to private equity this year, a 25 percent decrease from its […]
Assets under management: $28.8 bln PE target: 16 pct Actual PE commitment: $3.9 bln, or 13.7 pct Why is this important: PA SERS is investing in North American, European and Chinese markets Pennsylvania State Employees’ Retirement System at its February meeting committed $225 million to private equity funds targeting North American, European and Chinese markets. The system […]
AUM: $29.13 bln PE portfolio: $1.22 bln; core 35 funds Contact: Chris Schelling at cschelling@tmrs.com Why is it important: TMRS is specifically focused on smaller, mid-market funds Texas Municipal Retirement System at its February meeting recommended $250 million in PE commitments to funds including the financial and tech sectors. If approved, the funds would fall in line with TMRS’s […]
Assets under management: $8.1 bln PE target allocation: 9 pct PE actual allocation: 6.2 pct Whom to contact: Betsy Tse, chief investment officer, at allinvestments@acera.org Why this is important: The pension fund is aiming to increase pacing to meet its target allocation. Alameda County Employees’ Retirement Association (ACERA) approved a $33 million commitment to Genstar Capital Partners’ […]
Strattam Capital deployed about a quarter of its second fund into three platform deals as it closed the pool this month on $230 million. The Austin firm takes control positions in founder-led IT companies. From the pool Strattam plans to make three more platform deals, plus three to five add-ons, all across the business-to-business IT space, […]
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) Why is this important: New Mexico strengthens its relationships with existing firms New Mexico State Investment Council re-upped $200 million across funds managed by TA Associates and Brookfield Asset Management. Council also renewed […]
Total Assets: $34.2 bln (as of June 30, 2018) Private equity target: 10 pct Actual allocation: 12.1 pct PE return: 16 pct as of August 2018 Why is this important: Indiana, a steady investor in PE, targets tech and Europe in recent months Indiana Public Retirement System’s board in the past five months approved more […]
Who to contact: Teddy Grant (tgrant@buyoutsinsider.com) Why this is important: Teddy Grant is our newest reporter covering family offices and pension funds for Buyouts Hello! My name is Teddy Grant and I have just joined Buyouts to cover pension funds and family offices. I earned my master’s degree in journalism at the City University of New […]