Gregory Roth
The Wyoming Loan and Investment Board plans to invest $600 million into three separate managed accounts over the next three to five years, with Hamilton Lane and Neuberger Berman each managing $200 million separate accounts. PE shop Cheyenne Capital, which currently manages a separate account for Wyoming, was said to not meet the state's new requirements due to its size.
The $37 billion Tennessee Consolidated Retirement System will soon be looking for a new director of private equity. The pension’s current director, Lamar Villere, told Buyouts, peHUB's sister magazine, that he plans to step down from TCRS at the end of June to become a portfolio manager at Villere & Co., his family’s New Orleans-based money management firm...
Peter Dolan, the director of private equity and venture capital for the Harvard Management Company, manager of the world’s biggest endowment, stepped down on April 10, according to Buyouts, peHUB’s sister magazine.
The University of Pennsylvania tapped Peter Ammon, a colleague of legendary Yale University endowment chief David Swensen, as its next chief investment officer. Ammon, who is 36 years old, has been at Yale for eight years, according to Buyouts, peHUB's sister magazine...
The New York City Retirement Systems, the $127 billion group of municipal pensions overseen by the city comptroller’s office, made an impressive $1.1 billion in commitments to five private equity funds in the first quarter, according to Stephanie Hoo, a senior press officer. According to sister magazine, Buyouts, the funds are managed by The Carlyle Group, Platinum Equity...
The New York City Retirement Systems, the $127 billion group of municipal pensions overseen by the city comptroller’s office, made an impressive $1.1 billion in commitments to five private equity funds in the first quarter, according to Stephanie Hoo, a senior press officer. The funds are managed by The Carlyle Group, Platinum Equity, Landmark Partners, Neuberger Berman and ACON Investments.
A key person at Texas Teachers’ Retirement System in charge of its much-discussed separate accounts with Kohlberg Kravis Roberts & Co. and Apollo Global Management has stepped down to join the private sector, according to sister publication Buyouts.
The former chief executive of the $257 billion California Public Employees’ Retirement System was indicted by a federal grand jury for conspiring to defraud Apollo Global Management, a prominent private equity firm. In what was alleged to be a decisive moment in CalPERS’s long-running pay-to-play scandal, Federico Buenrostro, the pension’s former chief, was charged with...
KKR & Co. LP (KKR.N) has agreed to charge the Washington State Investment Board a super-low 1 percent annual management fee on the pension fund's $250 million follow-on commitment to the firm's flagship fund, KKR North American Fund XI LP, a source tells Buyouts.
SAN FRANCISCO, February 12 - Welcome, private equity conventioneers! Those who thought, or hoped, that the heightened public scrutiny of private equity would fade following the presidential election, think again.