Saturday, 25 October 2014
Last updated 1 day 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.