The $32 billion
Kenyatta Matheny started at his new post on May 17. He previously was with the Federal Reserve Bank of Chicago, where he served as a financial markets manager of central bank services.One of his prior positions includes working as a senior associate-private equity investments for buyout shop
Illinois Teachers’ created its emerging managers program in 2005 to commit a total of $500 million to new or expanding investment management firms—especially minority-owned, female-owned and Illinois-based companies. The program added private equity, real estate and absolute return asset classes in 2008.
So far in the private equity portion of the program, the plan sponsor has committed $25 million to
In other news, the pension fund is still in the process of looking for a new private equity consultant and expects the search to come to a close later this month. The current consultant,
Also, the limited partner will soon begin a search for an adviser to help it start a private equity co-investment program. “No amount of money has been dedicated yet to the program,” a spokesperson told Buyouts. “That will be determined once an adviser is in place. We anticipate, however, that the program will start in September,” he added.
In addition, the pension recently committed $75 million to turnaround vehicle