Monday, 30 November 2015
Last updated 3 min 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…