Texas ERS Approves Revised Equity Target Allocations
Retirement system’s new allocation expected to address
higher liquidity needs.
private equity
Illinois Municipal Retirement Fund Continues Push to Invest in Minority-Owned Firms
Pension fund puts more than $100 million into four
such firms.
New Mexico State Investment Council Private Equity Head Retiring
David
Lee will be replaced by colleague Chris Cassidy at end of September.
LPs’ Interest in PE & VC Down, Hedge Funds Up
Respondents
see VC as most overvalued and are more wary of emerging markets.
Florida State Board of Administration Will Seek to Increase Alternatives Cap in Fall
SBA
currently restricted from making new PE, VC, credit, hedge fund and
infrastructure commitments.
Montana Board of Investments’ Director of Private Equity Departs
Michael
Nguyen had been with MBOI for five years.
Virginia Retirement System Commits More than $3B to 18 Managers; Terminates 2 Others
Private
equity receives nearly half of the commitments.
Ontario Teachers’ Head of TMT, Financial Services and Healthcare Joins PE Firm
Bogdan
“Bo” Cenanovic now a managing director with PSG.v
CPP Investments Deploys More than $5B – Despite Tough First Quarter
Canada’s largest pension plan was active in both backing funds
and in co-investments.
With Hundreds of Billions to Spend, Publicly Traded Investment Firms Appear Well Positioned for Investing Opportunities
Blackstone, KKR, TPG, Apollo, Ares, Brookfield, EQT and Carlyle have
more than $700 billion of dry powder.