Two Pension Funds Commit $1.5 Billion to P.E.

Sep 14 2006 | 12:00am ET

The California Public Employees’ Retirement System has made five private equity fund commitments including $150 million to Carlyle Asia Partners II, $50 million to New Enterprise Associates 12, €100 million ($127 million) to Rhone Capital III, $300 million to Thomas H. Lee Partners Fund VI; and $750 million to TPG Partners V.
Meanwhile, The Pennsylvania State Employees’ Retirement System has made three private equity fund commitments, including $50 million to Thomas H. Lee Partners Fund VI, $25 million to Artiman Ventures II and $20 million to Devon Park Bioventures.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    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…