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

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of