Christopher Witkowsky
Florida State Board of Administration has pledged $250m for a programme to invest in local Florida businesses through private equity funds and co-investments.
The $27bn pension committed $50m to Blackstone’s sixth buyout fund in October, but decided to add another $100m after raising its allocation to private equity to 10% in May.
The $27bn pension committed $50m to Blackstone’s sixth buyout fund in October, but decided to add another $100m after raising its allocation to private equity to 10% in May.
The Teachers’ Retirement System of Illinois has committed an additional $100 million to The Blackstone Group’s sixth fund, which is targeting $15 billion and had collected at least $8 billion as of February. Illinois Teachers’ committed $50 million to the fund in October, but decided to up the investment after the board hiked the pension’s […]
The Teachers’ Retirement System of Illinois has committed an additional $100 million to The Blackstone Group’s sixth fund, which is targeting $15 billion and had collected at least $8 billion as of February. Illinois Teachers’ committed $50 million to the fund in October, but decided to up the investment after the board hiked the pension’s […]
The $27bn pension committed $50m to Blackstone’s sixth buyout fund in October, but decided to add another $100m after raising its allocation to private equity to 10% in May.
Investors in private equity funds believe one-quarter of private equity managers will fail because of the financial meltdown, and one out of every 10 investors in private equity will default on capital calls, according to recent surveys.
Investors in private equity funds believe one-quarter of private equity managers will fail because of the financial meltdown, and one out of every 10 investors in private equity will default on capital calls, according to recent surveys.
Investors in private equity funds believe one-quarter of private equity managers will fail because of the financial meltdown, and one out of every 10 investors in private equity will default on capital calls, according to recent surveys.
As some US public pensions move to ban the use of placement agents, Mike Travaglini, the executive director of the $38bn Massachusetts PRIM, told PEO that these agents play a vital role in helping his small staff identify private equity opportunities.