New York Commits to Private Equity, Hedge Funds

Jun 25 2008 | 10:31am ET

The $154.5 billion New York State Common Retirement Fund last month made commitments to a trio of hedge fund and private equity managers.

The CRF committed €150 million (US$233 million) to CVC European Equity Fund V and $50 million to Levine Leichtman Capital Partners IV, a $4 billion middle-market, woman-owned private equity shop.

The fund last month also made a $1 million commitment to Clarium Capital, a global macro hedge fund, through one of its funds of hedge funds, which was not disclosed for competitive reasons.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

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

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of