Wednesday, 1 October 2014
Last updated 7 hours ago
Feb 20 2007 | 10:35am ET
The Board of Trustees of the Teachers' Retirement System of the State of Illinois has approved $325 million in private equity commitments to five funds. The commitments are being funded with cash and the system’s passive/enhanced index accounts.
The commitments have been made to the following firms: $50 million to Carlyle Venture Partners III, a venture capital fund; $50 million to Lehman Brothers Merchant Banking Partners IV, a buyout fund; $100 million to Leonard Green Equity Investors V, a buyout fund focused on the consumer retail sector; $100 million to Silver Lake Partners III, a buyout fund focused on the technology sector; and $25 million to Providence Equity Partners VI, a buyout fund focused on media and telecommunications.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...