The $90 billion State of Wisconsin Investment Board is looking for a private equity analyst to replace Scott Parrish, who was promoted to portfolio manager in December. Parrish, in turn, replaced former portfolio manager Francis Brenner who left for undisclosed reasons last year. The deadline for the search is Feb. 12.
Applicants should be familiar with the domestic and international private equity scene as well as private equity underwriting principles, accounting and investment management.
The system has a $1 billion allocation to private equity but none to hedge funds. Although it has discussed hedge fund strategies and performances with industry consultants and hedge fund managers, a spokesperson said, “We’re not allowed to short sell and at this time we’re just not interested in pursuing that.”
Genna GarverBy Genna Garver, John Brunjes, and Cheri Hoff of Bracewell & Giuliani -- On Oct. 27 the Private Fund Investment Advisers Registration Act of 2009 (H.R. 3818) moved one step closer to becoming law with the 67-1 approval of the U.S. House of Representatives Committee on Financial Services (the "Bill"). More...
Investors this week announced the formation of NewWorld Capital Group, a private equity firm that will invest in middle-market companies and related infrastructure projects in the cleantech sphere. More...