Sam Sutton
FFL Capital Partners IV is said to be on its way to a final close above its $1.5 billion target, a market source told Buyouts.
Centerbridge Partners is planning to close its third flagship fund on a $6 billion hard cap on Oct. 24, according to a memo released by the Pennsylvania Public School Employees’ Retirement System, sister magazine Buyouts reported.
The California State Teachers’ Retirement System is planning to put more emphasis on small and middle-market buyout, debt-related and emerging market funds during the 2015 fiscal year end June 30 according to an investment plan released by the retirement system in advance of its July 11 board meeting.
The New Jersey Division of Investment plans to hire up to three senior investment professionals for its alternative investments team, and may hire money managers to run additional separate accounts, Director Chris McDonough told peHUB sister publication Buyouts.
Before backing your next fund, the Teacher Retirement System of Texas wants to understand your firm’s culture, sister publication Buyouts reports.