Simons' P.E. Shop Hires CalSTRS Manager

Mar 9 2012 | 10:30am ET

Renaissance Technologies founder James Simons has entrusted some of his billions to a former California State Teachers' Retirement System private equity manager.

Pascal Villiger has joined Medley Partners, the firm Simons set up eight years ago to manage his private equity investments, Private Equity Hub reports. Medley is based in San Francisco.

Villiger has spent the last four years at CalSTRS, one of the country's largest pension funds and its second-biggest private equity investor. Prior to joining the public fund, he worked at UBS and Bank of America.

Simons has a personal fortune of $10.7 billion, Forbes reports.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...