Saturday, 27 December 2014
Last updated 2 days ago
Nov 15 2007 | 11:29am ET
The $63.9 billion Washington State Investment Board has approved commitments of up to $1.5 billion to four private equity funds focusing on buyouts in the U.S., Europe and Latin America.
The system is committing up to $700 million to the KKR European Fund III, a large-cap, pan-European buyout fund with a target size of €6 billion to €8 billion (US$8.8 billion to US$11.7 billion); up to $750 million to the $12 billion Warburg Pincus Private Equity X fund; up to $25 million to the $1.3 billion Advent Latin American Private Equity Fund IV, which invests primarily in Mexico, Brazil and Argentina; and up to $50 million to the Avenue Special Situations Fund V, a targeted $6 billion distressed debt fund.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.