Chelsea Stevenson
The C$199.4bn system’s private equity portfolio generated its highest return in three years.
The $170bn system committed to funds managed by Carlyle, CVC, Energy Capital and Onex.
The system also withdrew a previous $20m commitment to a venture debt fund.
Clean Energy Capital’s co-founder allegedly misallocated more than $3m in expenses.
.jpg "Intervale speeds to $495m fund close")
The energy-focused firm held a 'one and done' close after less than five months in market.
The Atlanta-based mid-market firm was founded in January.
The mid-market firm surpassed its $1.75bn target after less than six months in market.
The State Investment Board committed to Permira Fund V and to TPG’s interim buyout fund.
The $277bn system lowered its target allocation to private equity while increasing its allocation to infrastructure and real estate.
Private equity and venture capital firms invested $8.9bn in Latin America last year, up 13 percent over 2012.