Tuesday, 21 April 2015
Last updated 9 hours 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…