Saturday, 20 December 2014
Last updated 1 day ago
Aug 8 2011 | 11:24am ET
The Illinois Teachers' Retirement System made commitments of up to $210 million to four alternative investment firms at its board of trustees meeting last week.
The $37.1 billion public pension fund committed $100 million to private equity firm Vista Equity Partners. Vista invests in technology and software companies.
TRS also committed $45 million to New York-based Siris Capital Group for investments in mid-sized North American companies, and up to $25 million to LiveOak Management Services. Austin, Texas-based LiveOak will receive an initial allocation of $10 million as part of Illinois' emerging managers program.
In addition, the pension's board approved a $50 million investment in hedge fund Carlson Capital.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
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