Sunday, 24 May 2015
Last updated 1 day ago
Jun 14 2007 | 1:03pm ET
The Washington State Investment Board last month committed a total of $450 million to two private equity funds. Fortress Fund V will get $300 million and MatlinPatterson Global Opportunities Partners III $150 million.
The mandates brings the $60.8 billion system‘s total allocation to p.e. to an estimated $1.3 billion year to date, and the system shows no signs of slowing down. Last week, it recommended an unspecified amount to two more p.e. funds: Asia Opportunity Fund III and Endeavour Capital Fund V, on top of contract extensions to INVESCO Private Equity and Pathway Capital Management.
Calls made to the investment board seeking comments were not returned before press time.
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…