Tuesday, 2 September 2014
Last updated 21 min ago
Jul 29 2010 | 11:59am ET
The Florida Board of Administration, which oversees the Sunshine State’s largest public pension plan, has made $852 million in new private equity commitments.
The board committed $150 million to corporate mezzanine fund ABRY Senior Equity III, Pensions & Investments reports. It also made six $100 million commitments, to senior loan fund Audax Credit Opportunities, residential whole mortgage fund Bayview Opportunity Master Fund IIB, Blackstone/GSO Capital Solutions, Pantheon Global Secondary IV, and opportunistic debt funds Oaktree Capital Management Opportunities VII and Varde Fund X.
Another €40 million went to Riverside Europe IV and $50 million to Oaktree Capital Management VIIB.
Hedge fund consultant Cambridge Associates assisted with the ABRY and Varde allocations, while private equity consultant Hamilton Lane covered the Audax, Blackstone/GSO, Oaktree, Pantheon and Riverside commitments. Townsend Group, the $138.4 billion board’s real-estate consultant, assisted on the Bayview allocation.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...