Illinois Teachers Makes New Private Equity Commitments

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.

In Depth

The Importance of Stability in the Evolving Hedge Fund Administration Market

Oct 5 2015 | 8:17pm ET

Hedge fund administration has evolved from simple record keeping to an integral,...


Citadel Supports Manhattan Real Estate With Record Deal

Sep 16 2015 | 3:04pm ET

Never count hedge funds out of a big property deal. The Manhattan real estate market...

Guest Contributor

Hedge Fund Marketing To Independent RIA Firms

Sep 30 2015 | 1:56pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth Inc. explains...


Editor's Note

Upcoming Events