CalPERS Allocates $546M To European Private Equity FoFs

Sep 17 2007 | 11:52am ET

The $245 billion California Public Employees' Retirement System has allocated $546 million to Standard Life Investments (Private Equity) Limited, which invests in small- to middle-market buyout funds in Europe via the European Strategic Partners-Golden Bear Europe Fund.

“Our new partner offers us unique access to the premier managers and co-investment opportunities in Europe, leveraging SLIPE’s strong relationships and proven track record,” said CalPERS Chief Investment Officer Russell Read. “We have a particular need for a partner who will focus exclusively on Small to Middle market European private equity.”

Edinburgh, Scotland-based Standard Life is globally ranked by Watson Wyatt as the sixth largest manager of p.e. funds of funds for pension plans.


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...