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

OmniQuest Capital: Why Funds of Hedge Funds Work

Aug 11 2016 | 4:47pm ET

There have been few sectors of the alternative investment universe under as much...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...