John Arlotta has joined General Atlantic as a special partner with a focus on the health care sector. Arlotta is former chairman and CEO of Coram Inc. and NeighborCare Inc. Jamie Bellanca, former vice president of advanced technology for Cleversafe, has joined Baird Private Equity as an entrepreneur-in-residence. The firm also announced that Lily Wang […]
The $23 billion Arizona State Retirement System, a relative newcomer to the private equity asset class, has made a handful of commitments recently and expects to make several more soon, as it builds its way toward a target allocation of 7 percent. As of March 5, the actual private equity allocation stood at 1.6 percent. […]
Coller Capital survey and news briefs about LPs in Illinois, Tennessee and Montana
The number of buyout-backed investments listed in Standard & Poor’s “weakest links” report, published in May, has declined since Buyouts last reported on the February version of the report, as the outlook for several sponsor-backed companies has improved. Of the 161 companies on the list with combined debt of $168.4 billion, Buyouts identified 41 (with […]
Adam Tosh LP: Kentucky Retirement Systems Title: Chief Investment Officer Age: 38 Prior jobs: Senior Fixed Income Investment Strategist with MDL Capital Management and Director of Fixed Income at the Pennsylvania State Employees’ Retirement System Education: Degrees in Economics, Politics and Government from Ohio Wesleyan University Awards: One of Money Management Letter’s 2009 “Rising Stars […]
The $55 billion Washington State Investment Board recently pledged up to $150 million to turnaround fund Littlejohn Fund IV LP, according to a spokesperson for the state pension. This is a new relationship for the limited partner, although the state previously committed to a predecessor firm. Littlejohn & Co., a Greenwich, Conn.-based turnaround shop, invests […]
Firm: Alinda Capital Partners LLC Founded: 2005 Investment Professionals: 40 Leader: Chris Beale, managing partner, former global head of project finance at Citigroup, and previously global head of project finance at Morgan Stanley and Credit Suisse First Boston Strategy: Invests $300 million to $500 million per deal, at pace of $500 million to $1.5 billion […]
The $32 billion Teachers’ Retirement System of the State of Illinois recently hired an investment officer to administer its emerging managers program, which includes private equity as well as other asset classes. Kenyatta Matheny started at his new post on May 17. He previously was with the Federal Reserve Bank of Chicago, where he served […]
The Teacher Retirement System of Texas recently committed a total of $200 million to two investment vehicles managed by distressed debt specialist Oaktree Capital Management, marking the limited partner’s first private equity pledges of the year, a spokesperson told Buyouts. The amount will be evenly divided between Oaktree Opportunities Fund VIII LP and its sidecar […]
LP-related news briefs about Permira, TRS Texas and New Jersey
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