Friday, 22 August 2014
Last updated 6 hours ago
Apr 27 2007 | 12:31pm ET
The $16.4 billion Indiana Public Employees’ Retirement Fund recently committed a total of $60 million to three Indiana-related investment funds: CID Capital Opportunity Fund, Centerfield Capital Partners II and Hammond Kennedy Whitney Capital Partners III. In addition, the system has also made three direct investments totaling $18.2 million in Indiana businesses. All commitments and direct investments were made via the Indiana Investment Fund, which was launched last year in conjunction with Credit Suisse.
“When I developed the idea for this fund, this is exactly what I envisioned,” said PERF executive director David Adams. “In less than a year, the IIF has made significant new investments and commitments that will benefit our members while supporting the Indiana economy.”
The IIF includes two investment components: The first focuses approximately $60 million on direct investments in quality businesses, and the second component of approximately $40 million invests in Indiana-based private equity groups. In addition, the $50 million Fund A focuses exclusively on the Indiana-based private equity component of investments.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note