The Teachers’ Retirement System of the State of Illinois is ramping up its private equity portfolio with commitments to a trip of buyout funds.
In $38.7 billion plans’ Board of Trustees has approved $50 million allocations to GI Partners Fund III, Edgewater Growth Equity Partners III and Blackstone Capital Partners VI.
By Gurvinder Singh and Bijesh Amin -- Historically, despite all the cited benefits (liquidity, transparency, control over assets, independent pricing etc.), the managed account model has not attracted the best managers. More...
Jeffrey McDermottJeffrey McDermott, formerly of UBS, has launched Greentech Capital Advisors, LLC, billed as a pure-play investment bank and advisory firm dedicated to alternative energy and cleantech companies. More...