Institutional

Carlyle Group LP is gathering as much as $5 billion for a fund that can hold stakes in companies for as long as 20 years, according to three people with knowledge of the matter.

Under fire over allegations that political contributions impacted his decision-making, the private-equity executive at the helm of the New Jersey State Investment Council has stepped down.

Not all of California’s institutional investors are following the lead of its massive public pension fund.

The San Francisco City & County Employees’ Retirement System’s epic hedge-fund debate is set to end in a defeat for the industry.

Public pension funds have been a boon for private-equity firms, pouring billions into the industry in recent years. But some of the biggest p.e. firms are blanching at the transparency that such public investments can bring—and they are fighting back against it.

The saga of the San Francisco Employees’ Retirement System’s plan to make its first hedge-fund investments continues, after its board once again failed to take up the proposal.

Denmark is cracking down on risk-taking by pension funds.

The Florida State Board of Administration has spent more than $2.5 billion on a wide array of hedge funds and private equity funds.

Jeff EatonGlobal placement agent Eaton Partners has raised close to $60 billion for some of the largest private equity and hedge fund firms in the world. In April of this year, Eaton acquired a secondary advisory group and will now assist clients wishing to buy or sell limited partnership interests. To find out more, FINalternatives' Mary Campbell spoke recently to partner Jeff Eaton.

The San Francisco Employees’ Retirement System has tabled a proposal toinvest $3 billion in hedge funds.

The move came a day after it was reported that consultants advising the city on the hedge fund investments actually run a Cayman-based hedge fund.