Saturday, 26 July 2014
Last updated 22 hours ago
Jun 20 2007 | 8:53am ET
The $245 billion California Public Employees’ Retirement System is committing $100 million to newly formed Washington, D.C.-based emerging markets shop EMAlternatives.
EMAlternatives will focus on investing in firms that employ a variety of investment styles and strategies, including expansion capital, buyout financing, and venture capital throughout the global emerging markets. The firm will also invest in secondaries, co-investments and mezzanine financing opportunities.
“There’s huge investment potential in the emerging markets,” said Russell Read, CalPERS’ chief investment officer. “We have great confidence that EMAlternatives will help us access the best performing managers in the global emerging markets.”
EMAlternatives was founded in March by Ernest Lambers, Nicholas Morriss, John Stephens, Christopher Wright and Janivo Holding, a privately held investment company based in The Netherlands.
Lambers, recently head of emerging markets at AlpInvest Partners, is the firm’s CIO. Morriss and Stephens, founders of and former partners at Cape Point Capital, serve as managing partners. Wright, previously global head of private equity at Dresdner Kleinwort Benson, will chair the firm’s investment committee.
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…