Sam Sutton
The Pennsylvania Public School Employees’ Retirement System committed up to $450 million to energy and debt funds at its Dec. 9 meeting, including as much as $200 million for Avenue Capital Group’s first dedicated energy fund, according to board resolutions published on the retirement system’s website.
Allocates $200 mln to Avenue Allocates $250 mln to Carlyle Energy Mezz Hires Cogent to run $2 bln secondary sale The Pennsylvania Public School Employees’ Retirement System committed up to $450 million to energy and debt funds at its Dec. 9 meeting, including as much as $200 million for Avenue Capital Group’s first dedicated energy fund, […]
Kentucky Retirement Systems committed $100 million to distressed debt funds at its Dec. 4 board of trustees meeting, allocating $60 million to Black Diamond Capital Management’s latest fund and $40 million to Ares Special Situations Fund IV, Chief Investment Officer David Peden said.
The California Public Employees’ Retirement System made its largest fund commitment of the year in October, a $500 million stake in Hellman & Friedman’s eighth flagship fund, according to materials released in advance of the retirement system’s Dec. 15 meeting.
CalPERS commits $500 mln to Fund VIII Strong demand prompts Hellman to cut some commitments CalPERS also commits to Centerbridge The California Public Employees’ Retirement System made its largest fund commitment of the year in October, a $500 million stake in Hellman & Friedman’s eighth flagship fund, according to materials released in advance of the […]
Oregon commits $550 mln to PE in December Allots $225 mln to Francisco Partners Fund IV Final tally may be smaller because fund is “popular” The Oregon Investment Council approved as much as $225 million for Francisco Partners IV, but the final commitment may close for less than that, spokesman Michael Cox said. “We asked […]
The Oregon Investment Council approved as much as $225 million for Francisco Partners IV, but the final commitment may close for less than that, spokesman Michael Cox said.
Record high deal multiples did not stop Leonard Green & Partners from making 2014 its most active year ever, Managing Partner John Danhakl said in a keynote address at the Buyouts Texas conference in Dallas on Dec. 3.
The Illinois State Board of Investment did not find any violations of its pay-to-play rules in a review of its investment managers, Executive Director William Atwood told Buyouts.
The newly minted Republican congress may move to change carried interest’s tax treatment if it helps ease the passage of comprehensive tax reform, say private equity lobbyists.