Wednesday, 23 July 2014
Last updated 6 hours ago
Oct 10 2007 | 1:10pm ET
The California Public Employees Retirement System recently expanded its roster of private equity managers with five new mandates for its $257 billion fund.
The pension fund in August dished out a total of $1.1 billion to U.S. and European buyouts shops.
According to minutes posted on CalPERS’ Web site, the system committed $50 million to KH Growth Equity Fund, €150 million to Lion Capital Fund II, $200 million to Advent Latin America Private Equity Fund IV, $150 million to Ares Distressed Securities Fund and €400 million to ESP Golden Bear Europe Fund.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…