The $31bn retirement system is in the process of developing its private equity portfolio, with only 0.2% of its assets committed to the strategy on a 3% target.
1 min read · 14 January 2013
The New York-based private equity giant will acquire a nine-loan portfolio, backed by US hotel, retail and office properties, from struggling German bank Eurohypo on behalf of the firm’s latest global real estate fund.
2 min read · 15 January 2013
Elaine Chan has left the foundation to join the investment office of The Johnson Company, following well-known LP Rick Slocum, who left Robert Wood Johnson in August to become CIO of the family office.
1 min read · 15 January 2013
The firm has kept its limited partners updated on the situation with its CEO Daniel Mudd, who has taken a leave of absence amid SEC allegations, even though Mudd was not a ‘key man’ in the firm’s private equity funds.
3 min read · 15 January 2013
The firm's co-founder Randal Nardone will assume the role of interim CEO now that SEC-charged Daniel Mudd (pictured) has taken a leave of absence.
3 min read · 15 January 2013
The firm's co-founder Randal Nardone will assume the role of interim CEO now that SEC-charged Daniel Mudd (pictured) has taken a leave of absence.
3 min read · 15 January 2013
The social online gaming company’s liquidity event could increase LP appetite for venture capital, considered by some LPs to be the ‘least loved’ of the asset classes.
3 min read · 15 January 2013
After two years of significantly lower commitment levels to alternative investments, the pensions system ramped up its commitment pace this year to about $1.8bn as of 30 September, and has chosen managers like Blackstone, GSO and Oaktree.
2 min read · 15 January 2013
The distressed investment-focused firm has formed a $300m customised account with New Jersey’s $68bn state pension system to take advantage of the huge need for financing in the mid-market.
3 min read · 15 January 2013
Knock-out return for The California Public Employees’ Retirement System’s (CalPERS) from its original $500m commitment to GI Partners Fund I.
2 min read · 15 January 2013
