Monday, 22 December 2014
Last updated 4 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.
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…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.