Washington Seeks More U.S., Asian LBO Exposure

Feb 21 2007 | 10:27am ET

The Washington State Investment Board’ private markets committee last month voted to recommend to its board allocations of $500 million, plus fees and expenses, to the KKR Asian Fund, and up to $205 million, plus fees and expenses, to Green Equity Investors V.

The $4 billion KKR Asian Fund is a p.e. fund that will invest in the Asia-Pacific region, particularly in Japan, China, Taiwan, Hong Kong, Australia and New Zealand. Green Equity Investors V is a $4 billion domestic fund that will target control acquisitions of established, North American middle-market companies across a broad range of industries with a preference for retail, consumer products, distribution, media, business services and healthcare.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Future of Private Equity: New Opportunities, New Challenges

Feb 3 2017 | 6:41pm ET

The private equity industry’s astonishing rebound since the financial crisis has...

 

From the current issue of