Saturday, 30 August 2014
Last updated 1 day ago
Mar 21 2008 | 11:27am ET
The $166.5 billion California State Teachers’ Retirement System has awarded Invesco Private Capital a $200 million mandate to help manage its New and Next Generation Manager Fund II, a private equity fund of funds.
CalSTRS defines new and next generation managers as those raising their first, second or third institutional funds. Invesco will invest the fund over a five-year period, in buyouts, venture capital and other p.e. funds across a spectrum of stages and industry sectors.
“We have worked with the Invesco Private Capital team during the past three years, and I have worked with general partner Mary Kelley specifically for more than eight years.” said Christopher Ailman, CalSTRS’ chief investment officer. “Invesco will extend our reach and give new and emerging private equity firms direct access to CalSTRS capital.”
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 ...