Arkansas Teacher Adds Sycamore Private Equity Fund

Jun 12 2012 | 11:23am ET

Private equity shop Sycamore Partners has $35 million more to play with, thanks to the Arkansas Teacher Retirement System.

The $11 billion public pension picked the strategy with the assistance of private equity consultant Franklin Park. Sycamore Partners Fund I is a small- and mid-cap retail turnaround fund, and Arkansas Teacher’s first investment with the firm.

Separately, the pension fired Knight Vinke Asset Management, which had run $50 million for it. But the termination, while performance-based, may be temporary: Executive director George Hopkins told Pensions & Investments it could re-up with the activist shop if the European market improves.

In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...


CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...


FINalternatives Trending

From the current issue of