Tuesday, 1 December 2015
Last updated 2 hours ago
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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…