S.F. Increases Pace of Private Equity Investments

Jun 23 2006 | 8:57pm ET

The $14.3 billion San Francisco City & County Employees Retirement System has increased the pace of its private equity investments. The plan will increase its investments to $425-475 million a year from $300-375 million.

David Kushner, cio, said the rate increased because "we received more in distributions and less in contributions so far this year and we believe there will be more opportunities in the next several months."

The fund uses Portfolio Advisors as its advisor in private equity and firms should contact them directly. 


In Depth

Steinbrugge: Top 10 Hedge Fund Industry Trends for 2017

Jan 3 2017 | 9:03pm ET

Each year, Agecroft Partners' Don Steinbrugge predicts the top hedge fund industry...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

The U.S. Commodity Futures Trading Commission (CFTC) ordered The Goldman Sachs Group Inc., and Goldman, Sachs & Co. to pay a $120 million penalty for attempted manipulation and false reporting of ISDAFIX Benchmark Rates, a global benchmark for interest rate products.