CalPERS In On KKR’s Latest Fund

Nov 9 2006 | 1:14pm ET

The California Public Employees’ Retirement System has made a $500 million commitment to Kohlberg Kravis Roberts’ latest private equity fund.

CalPERS spokesman Brad Pacheco confirmed that the investment will be reported to the board of the nation’s largest public pension fund. The investment has already been made, he said. It does not require board approval.

KKR 2006 is KKR’s 11th p.e. fund. The $15.5 billion fund will invest in North American and European large-cap companies, focusing on investments requiring between $150 million and $600 million in equity.


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Compelling Opportunities In The Alternatives Space

Jul 29 2014 | 9:33am ET

In an environment where many asset classes seem expensive by historical standards...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note