Friday, 6 March 2015
Last updated 2 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…