Angela Sormani

Want to find out the latest private equity return data from the most prominent US state pension funds? Buyouts has been compiling a database of the most recent state pension fund private equity return data that is available. The database currently comprises private equity fund performance and information from some 28 pension funds, including more than 1,500 2007 vintage and older funds with more than 500 domestic buyout funds and more than 400 domestic venture capital funds in that dataset. Most of the data are as of Dec. 31, 2012.

A 1996 vintage energy-focused fund is the top performer for the $12 billion Public Employee Retirement System of Idaho as of December 31, 2012. The analysis ranks the top five and bottom five performers of 2012 looking at vintages from 2010 and older. Secondaries funds were not included in the research for this scorecard.

Technology-related buyouts, distressed deals and European buyouts are bringing in the top dollars for the $255 billion California Public Employees’ Retirement System as of Dec. 31, 2012.

A 1996 vintage media and communications fund from Providence Equity Partners is tops among buyout funds backed by the Oregon Investment Council, according to performance data as of year-end. A 2006 vintage financial-services fund managed by J.C. Flowers & Co. brings up the rear.

Washington State Investment Board is probably wishing it had committed a little more money to vintage 2001 buyout funds, a little less to vintage 2007.

Cerberus Capital Management has generated the highest returns to date for the Pennsylvania’s Public School Employees’ Retirement System among privately-raised debt funds, according to an analysis by Buyouts.

This week, Buyouts takes a look at University of Texas Investment Management Co.’s top and bottom five performing first time fund managers. UTIMCO is invested in some 17 first time fund managers out of 267 private equity related vehicles in its active portfolio, as of February 28, 2013. Vintages span from 1988 to 2013. 

This week Buyouts takes a look at the top and bottom five performing Asia-focused funds in the private equity portfolio of the California Public Employees’ Retirement System as of September 30, 2012. This does not include country-specific funds such as those funds dedicated exclusively to China, India or Japan.

Under Oak Hill Capital Partners ownership, ExlService Holdings evolved into a Nasdaq-listed provider of global delivery centers in the insurance, health care, utilities, banking, financial services, transportation, logistics and travel sectors.

Bregal Capital’s sale of Mirror Controls International (MCI) shows that investing in the rear view mirror isn’t always a bad idea, provided the investment is in a global manufacturer of rearview mirror glass motors and mirror powerfold motors for the automotive industry.