Monday, 4 May 2015
Last updated 1 hour 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…