Sam Sutton
The State of Wisconsin Investment Board’s $6.9 billion private equity portfolio is among the largest held by U.S. public pensions, but from an asset allocation standpoint, the program is actually smaller than its peers. The state saved several million dollars in investment management fees as a result.
$79 bln pension re-ups with KSL, Endeavour KSL targeting $2.25 bln for travel, leisure investments Washington held 23 pct allocation to PE The Washington State Investment Board committed $400 million to private equity at its Dec. 18 meeting, allocating $250 million to KSL Capital Partners and $150 million to Endeavour Capital, spokeswoman Kate Sandboe said […]
Highland Capital Management and energy investment firm PetroCap are poised to hit the $350 million targeted for PetroCap Partners II, a private equity joint venture that will invest in small and lower middle market oil and gas projects
Gávea Investimentos closed its latest Brazilian private equity fund on $1.1 billion, adding another vehicle to the already impressive list of Latin America-focused funds to hold closes in 2014.
The University of Michigan Board of Regents has committed roughly $840,000 more to an earlier co-investment in Modern Resources, an oil and gas company owned by ARC Financial Corp. and EnCap Investments, according to university documents released prior to its Dec. 18 meeting.
Indiana Public Retirement System committed $175 million to Hellman & Friedman and The Blackstone Group in November and December, according to an investment update.
The New Mexico Educational Retirement Board committed $40 million to Ares Special Situations Fund IV at board meetings this month, Executive Director Jan Goodwin said.
The New Mexico State Investment Council plans to commit between $600 million and $650 million to private equity next year, a 20 percent increase over its 2014 pace, according to Dec. 15 meeting materials.
Private equity fund investors can now co-invest alongside their managers’ business development companies (BDCs) without SEC approval, easing BDCs’ ability to deploy fresh capital.
Limited partners that committed to the oversubscribed second close of Barclays Asset Management Group spinout Glendon Capital Management saw their commitments cut by as much as 60 percent, according to Los Angeles County Employees Retirement Association documents.