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

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of