Angela Sormani

Who’s coming back to market in 2015? We’re making our best predictions.

A Latin American fund offering from Southern Cross jumped the highest for Washington State Investment Board out of a selection of its fund managers potentially coming back to market in 2015. 

The 2012 vintage Platinum Equity Capital Partners-A III has climbed the most for the $50 billion Pennsylvania Public School Employees’ Retirement System (PSERS) for the period Sept. 30, 2012, to Sept. 30, 2013. That vehicle was up 84.8 percentage points out of negative territory to a positive 28.72 percent IRR in 2013 from -56 percent in 2012.

EnCap Investments’ fund family dominates the top three spots of this week’s scorecard, which takes a look at the top ten and bottom ten performers of the Indiana Public Retirement System as of Dec. 31, 2013. The selection takes a look at some 179 buyout-related vehicles committed to by the state pension fund ranging a 10-year vintage span from 1999 to 2009.

It is 2008 vintages that have been working the hardest for the California Public Employees’ Retirement System looking at IRR percentage point increases for the year to December 2013.

GTCR, CVC Capital Partners and Onex Partners are the fund managers at the top of the IRR chart for the Public Employees’ Retirement System of Nevada for the period to Dec. 31, 2013.

Distressed, energy and mid-market buyout opportunities are boosting IRRs for Texas County & District Retirement System, as of Dec. 31, 2013.

 Mega buyouts, growth equity and infrastructure funds are among the top three IRRs for the $5.8 billion District of Columbia Retirement Board. The Blackstone Group’s 2001 vintage Blackstone Capital Partners IV fund is top of the IRR performers for the district’s pension fund. That vehicle posted an IRR of 37.2 percent and 2.35x multiple for the period to Dec. 31, 2013.

The 2012 vintage energy-focused Denham Commodity Partners Fund VI is the highest IRR climber among Washington State Investment Board’s mid-market-focused buyout funds rapidly creeping out of negative IRR territory, according to 2013 year end figures from the state pension fund.

The attached is a list of the private equity firms that are are expected to return to the market to raise new funds in 2014