Sam Sutton

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 […]

Elipoulos was named permanent CIO in 2014 He plans to relocate to New York next year Board weighing alternative models for investing in PE California Public Employees’ Retirement System Chief Investment Officer Ted Eliopoulos will step down from the $356 billion system at year’s end. In a statement, Eliopoulos said he wanted to relocate to […]

Elipoulos was named permanent CIO in 2014 He plans to relocate to New York next year Board weighing alternative models for investing in PE California Public Employees’ Retirement System Chief Investment Officer Ted Eliopoulos will step down from the $356 billion system at year’s end. In a statement, Eliopoulos said he wanted to relocate to […]

Meketa expects PE to deliver 10-year return of 8.8 pct Declines due to high prices, duration of equity bull run PE historically generated more than 10 pct Meketa Investment Group expects private equity’s returns to fall below its historic average over the next decade, a recent presentation to Los Angeles County Employees Retirement Association shows. Meketa, […]

Meketa expects PE to deliver 10-year return of 8.8 pct Declines due to high prices, duration of equity bull run PE historically generated more than 10 pct Meketa Investment Group expects private equity’s returns to fall below its historic average over the next decade, a recent presentation to Los Angeles County Employees Retirement Association shows. Meketa, […]

Seven investments grossing returns of 25 pct-plus Largest realization, in Taylor Morrison, returned $1 bln TPG marketing third RE fund with $3 bln target TPG’s private real estate arm realized more than $2.6 billion of proceeds through seven of its investments since the start of 2017, a fund presentation obtained by Buyouts shows. TPG Real Estate […]

New Oaktree special situations fund raising as much as $1.75 bln TPG targets $3 bln for new RE fund Louisiana Teachers’ alternatives portfolio valued at more than $6 bln Teachers’ Retirement System of Louisiana last week committed up to $150 million across two funds, allocating $75 million to vehicles managed by Oaktree Capital Management and TPG’s […]

New Oaktree special situations fund raising as much as $1.75 bln TPG targets $3 bln for new RE fund Louisiana Teachers’ alternatives portfolio valued at more than $6 bln Teachers’ Retirement System of Louisiana last week committed up to $150 million across two funds, allocating $75 million to vehicles managed by Oaktree Capital Management and TPG’s […]

Deerpath targets net returns in 6 pct to 9 pct range Fund IV to provide senior secured loans to sponsor-backed companies Philadelphia retirement system backs fund for $25 mln Deerpath Capital Management expects to raise more than $500 million for a private debt fund that will be used to invest in the capital structures of […]

2017 among CalSTRS’s most active years for new PE commitments CalSTRS cracked $7 bln of commitments in 2006 and 2007 PE’s average fund size more than double what it was in 2011, reports Meketa California State Teachers’ Retirement System committed almost $7 billion to private equity funds marked as 2017 vintages, doubling the annual amounts […]