Tuesday, 2 September 2014
Last updated 2 hours ago
Mar 6 2008 | 12:53pm ET
New York-based W Capital Partners, a secondary private equity fund investor, has closed its second fund at $700 million. Limited partners in W Capital Partners II include endowments, foundations, financial institutions, family offices, public pensions, private pensions and funds-of-funds worldwide.
W Capital Partners provides p.e. investors an exit for highly illiquid investments, in order to generate distributions to limited partners, reallocate resources into new strategic areas and eliminate follow-on capital requirements for portfolio companies.
“W Capital’s strategy fills an important component of CalPERS private equity program,” Joncarlo Mark, senior portfolio manager at the California Public Employees’ Retirement System, one of the new fund’s investors, said. “The firm is well positioned as a result of the current market volatility. We are pleased with W Capital’s development and performance over the past four years and are excited about our commitment to the new fund.”
Since 2001, W Capital has committed more than $1 billion in over 50 transactions and direct investments.
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 ...