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

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...