Bailey McCann
The system has committed to two fund of funds focused on emerging managers.
The acquisition of Electronic Funds Source marks Warburg’s third investment this month.
The firm is investing from its €3.5bn Fund IV that closed last year.
.jpg "Tiger Global raises $1.5bn Fund VIII")
The venture firm’s latest vehicle is roughly the same size as its 2012-vintage predecessor fund.
The oversubscribed fund exceeded its $1.3bn target.
The Dallas-based distressed firm is nearing its $7bn target after only a couple months in market.
Following its three year strategic re-allocation plan, CalPERS is changing how it allocates to private equity.
The Texas County & District Retirement System committed to seven fund managers during Q1.
The bank faces responsibility for the activities of a former Goldman Sachs Capital Partners portfolio company.
.jpg "Blackstone Strategic Partners collects $1.5bn")
The Blackstone affiliate is targeting $4bn for secondary investments.