Sam Sutton

Montana lifts allocations to Asia, direct lending funds Commitments include Deerpath, OCP Asia PE program valued at $1.2 bln Montana Board of Investments is planning to boost its allocations to direct lending and Asia-focused funds, bolstering a private equity portfolio dominated by North American buyouts strategies. More than 80 percent of Montana’s $1.2 billion PE […]

Montana lifts allocations to Asia, direct lending funds Commitments include Deerpath, OCP Asia PE program valued at $1.2 bln Montana Board of Investments is planning to boost its allocations to direct lending and Asia-focused funds, bolstering a private equity portfolio dominated by North American buyouts strategies. More than 80 percent of Montana’s $1.2 billion PE […]

UMich backs Kayne Anderson, Berkshire funds Commits to co-investment fund managed by new Nordic-focused team Endowment has 14.7 pct allocation to PE University of Michigan committed more than $125 million to private equity and venture funds in December, an investment disclosure from the endowment’s Board of Regents shows. The commitments were re-ups or follow-on investments for […]

Questions around structure, governance of new platform are being explored Board members demand careful vetting of proposal, which would transfer power to a new board Board members also raise questions around costs California Public Employees’ Retirement System’s unveiled a new private equity platform that will bypass expensive funds, potentially securing investments in high-performing private companies […]

UMich backs Kayne Anderson, Berkshire funds Commits to co-investment fund managed by new Nordic-focused team Endowment has 14.7 pct allocation to PE University of Michigan committed more than $125 million to private equity and venture funds in December, an investment disclosure from the endowment’s Board of Regents shows. The commitments were re-ups or follow-on investments for […]

Questions around structure, governance of new platform are being explored Board members demand careful vetting of proposal, which would transfer power to a new board Board members also raise questions around costs California Public Employees’ Retirement System’s unveiled a new private equity platform that will bypass expensive funds, potentially securing investments in high-performing private companies […]

Levine Leichtman makes mid-market structured equity investments Firm’s recent investments include legal publications, Round Table Pizza Previous fund netting a 10.5 pct IRR as of June 30, 2017 Levine Leichtman Capital Partners passed the $2 billion threshold on its latest flagship fund fund, according to several May 15 SEC filings. The firm is targeting $2.2 […]

SF plans annual commitments $700 mln to $750 mln Pacing plan for next five to six years has private credit allocation growing to 10 pct Opportunities boomed after post-crisis regulation San Francisco Employees’ Retirement System is preparing to make a major push into private credit. The $22.4 billion retirement system could deploy between $700 million […]

Assets under management : $22.4 bln Private credit actual allocation 2 pct vs target of 10 pct What’s new: The pension fund will invest in 15-25 new manager relationships and about 5 separate accounts in private credit San Francisco Employees’ Retirement System is preparing to make a major push into private credit. The $22.4 billion retirement […]

PE account with GCM values co-investments $194.8 mln Co-investment portfolio marked at 1.61x GCM, StepStone accounts also invest in PE funds, infra San Diego City Employees’ Retirement System’s separate account with GCM Grosvenor deployed a little less than a third of its committed capital for private equity into co-investments, netting the retirement system a 25.8 […]