The $237 billion California Public Employees’ Retirement System has reaped a 2.9x gain from its 4.2 percent stake in The Carlyle Group upon the firm’s initial public offering on Thursday, according to an exclusive analysis by Buyouts based on a California Public Records Act request. The CalPERS gain from its Carlyle stake is […]
Blackstone, KKR report lower ENI Assets at the firms are growing Oaktree makes market debut The trio of founders sitting atop The Carlyle Group were likely taking a keen interest in the first quarter earnings reports from their already-public peers The Blackstone Group and Kohlberg Kravis Roberts & Co, both of which reported declines in […]
Pension System: Florida State Board of Administration Assets Managed Overall: $158 billion (Feb. 29, 2012) Assets Managed (Main Pension): $126 billion (Feb. 29, 2012) Private Equity Allocation (Main Pension): $5.9 billion (4.7%) Private Equity Target (Main Pension): 5% Executive Director & Chief Investment Officer: Ash Williams The Florida State Board of Administration made its first […]
Pension: Ohio School Employees Retirement System Assets Managed: $10.2 Billion (Jan. 31, 2012) Private Equity Assets: $869 Million (Jan. 31, 2012) Private Equity Allocation: 8.5% (Jan. 31, 2012) Private Equity Target Allocation: 10% (Announced) Director of Investments: Farouki Majeed In a move that demonstrates that not every public pension investment manager decamps for the lucre […]
Hamilton Lane manages has advised investors such as the California State Public Employees Retirement System, the Florida State Board of Administration and the New York State Common Retirement Fund on their private equity programs. It advises or manages on $146 billion in private equity assets. He sat down to talk with Buyouts editor David Toll […]
Hamilton Lane manages has advised investors such as the California State Public Employees Retirement System, the Florida State Board of Administration and the New York State Common Retirement Fund on their private equity programs. It advises or manages on $146 billion in private equity assets. He sat down to talk with Buyouts editor David Toll […]
Your firm goes all the way back to the 1940s. Does a long legacy actually matter to investors and potential investors? We trace our roots back to the Rosenwald family, one of the founding shareholders of Sears and Roebuck. A lot of the tenets that govern us regarding conservative investing and who we partner with […]
Asia investments figured prominently among the private equity commitments made by the $152 billion California State Teachers’ Retirement System during the fourth quarter of 2011, according to a recently released investment report.
Georgia, one of the last holdouts among states prohibiting public pensions from investing in alternatives, has relented. Nathan Deal, the state’s governor, signed a law allowing all but one of the state’s public pensions to invest as much as 5 percent of their assets in alternatives, including private equity. That one holdout, however, happens to […]
Firm: Mount Kellett Capital Management Fund: Mount Kellett Capital Partners II LP Amount Raised: $4 Billion Co-Founders: Mark McGoldrick and Jason Maynard Placement Agents: Several regionally, including Goldman Sachs Legal Counsel: Schulte Roth & Zabel “Goldfinger” is back. Mount Kellett Capital Management, the firm launched by Mark McGoldrick, just closed its second fund, Mount Kellett […]