Monday, 22 December 2014
Last updated 9 hours ago
Jan 25 2007 | 10:16am ET
The board of the $30 billion Pennsylvania State Employees' Retirement System on Jan. 24 approved a half-dozen investments in the leveraged buyout and venture capital portion of its portfolio.
It will invest up to €100 million to Apax Europe VII, as a follow-on investment, up to $30 million to The Baring Vostok Private Equity Fund IV, up to $50 million to CVI Global Value Fund, up to $25 million to Bain Capital Asia Fund, up to $50 million to Sankaty Credit Opportunities III and up to $25 million to Weathergage Venture Capital.
The board also approved a commitment of up to $75 million to Blackstone Real Estate Partners VI.
PA SERS was established in 1923 and serves more than 200,000 members.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.