Thursday, 28 August 2014
Last updated 1 hour ago
Jun 23 2006 | 9:03pm ET
The Oregon Public Employees Retirement Fund will invest up to $48 million of its $105 million Oregon Investment Fund in four private equity firms.
The fund will commit $5-12 million each to Wedbush Capital Partners, Burrill Life Sciences Fund III, Voyager Capital Fund III and Nth Power IV.
The firms, based outside Oregon, will set up offices in the state.
Wedbush is a lower middle-market private equity firm; Burrill is an early-stage life sciences venture capital firm; Nth Power is a sustainable and renewable energy fund; and Voyager is a technology venture capital firm.
The state expects to make further investments shortly. "We expect to announce a couple of more deals in the near future to further our commitment to promising young companies in the state of Oregon," said State Treasurer Randall Edwards.
The Oregon Investment Fund, established in February 2004, is a fund-of-funds that invests in regional opportunities and is managed by Credit Suisse.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...