Biovitrum has listed on the Stockholm Stock Exchange
With an eye at advancing society, Provenance Ventures launched a $10 million inaugural fund in August to invest in early stage media and communications companies. The Los Angeles-based firm says that it invests in innovative companies that leverage social technologies to advance society. Provenance Ventures founder and Managing Director Bryan Biniak is credited for his […]
Private equity attorney Rob Fogler and Rwandan-born entrepreneur Antoine Bigirimana have made their first investment in Rwanda. Last year, the two Denver-based financiers raised $500,000 for Thousand Hills Venture Fund. In August, the pair announced that their first investment is in a company called Rocket 2020, which provides rural business owners access to FedEx-like services […]
Charlemagne raises €30m for its unique offering
Industri Kapital sold Danish electrical goods retailer - F Group
The Polish private equity firm sold its interest in loan broker Dom Finansowy
Ex-Biofocus CEO heads new company
Pensions: CalPERS, CalSTRS PE Return: CalPERS: 19.2%; CalSTRS: 32% Assets: CalPERS: $208 billion; CalSTRS: 142.7 billion Return on investment is up at one giant California pension fund, but it’s down at another. The California Public Employees’ Retirement System earned 12.3% on its investments over the last year, down slightly from the 12.7% it earned during […]
Pension: The Pennsylvania State Employees’ Retirement System Advisors: Arden Asset Management, The Rock Creek Group, Mesirow Financial, Morgan Stanley, PAAMCO, Robeco Sage Capital Mandate: Funds of Hedge Funds The Pennsylvania State Employees’ Retirement System (PA SERS) is upping its exposure to high-risk, high-return portfolio allocations, hiring new funds of hedge funds. The strategy supplants a […]
The California Public Employees’ Retirement System (CalPERS), the largest US pension fund, has posted a 12.3% return on investments for the one-year period ended June 30, 2006. The fund’s alternative investment management programme, which specialises in private equity and venture capital holdings, earned 19.2% compared with a benchmark of 18.6%, while absolute return strategies garnered […]