Thursday, 31 July 2014
Last updated 11 hours ago
Apr 13 2007 | 11:12am ET
The Washington State Investment Board’s private markets committee recently approved up to $550 million in commitments to three private equity funds.
Specifically, the committee recommended a $250 million allocation to Providence Equity Partners VI, a $12 billion media and entertainment buyout fund. The committee also recommended an allocation of up to $100 million in Affinity Asia Pacific Fund III, a $2.5 billion fund that makes controlling equity investments in Pacific Rim countries. Both are new additions to Washington’s hefty p.e. portfolio.
The committee also voted on a $200 million allocation to Blackstone Capital Partners V.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…