Christopher Witkowsky
The $23bn pension will look for opportunities to invest alongside GPs in its portfolio for the first time and has set its target commitment amount for fiscal 2012 at $625m.
Blackstone Energy Partners is targeting between $2bn and $3bn for a broad range of energy investments, including power, natural resources and alternative energies.
Morgan Stanley Private Equity is teaming with a pipeline provider in shale regions of North Dakota and Colorado, the latest in a series of deals relating to shale gas in the US.
LPs more than ever are asking GPs to officially sanction 'private meetings' without managers where investors feel more comfortable speaking openly.
The $154bn pension system has presented a 2011-2012 business plan that includes a target of $300m to $600m for new infrastructure investments. The plan also recommends that CalSTRS hire an additional investment officer for the infrastructure team.
Energy Investors Funds’ fourth US power fund is targeting $1.75bn and is expected to close this summer.
Jessica Hoffman Brennan will join former Credit Suisse executives Michael Arpey and Alok Gaur on Carlyle’s investor relations team.
The pension has contributed $40m to Kohlberg Kravis Roberts’ joint venture with El Paso, which is investing in opportunities in oil and gas properties in the US.
The deadline for most private equity firms to register with the US Securities and Exchange Commission has been set for 21 July this year, but may be extended to the first quarter of 2012, according to a letter from the government agency.
The investment bank has been trying to recruit professionals for a team that would raise private equity funds, a business Goldman says it has been in ‘for a number of years’ and is ‘interested in growing’.