Sam Sutton
As he did with CalSTRS, California State Treasurer Bill Lockyer plans to propose a divestment measure that will rid CalPERS’ portfolio of exposure to certain firearms.
The $13.7bn Teachers’ Retirement System of Louisiana is targeting between $300m and $400m in private equity commitments this fiscal year, spread between five or six funds.
The $154bn system's investment committee has approved removing its exposure to gun makers after the Connecticut school massacre in December.
Sarah Alexander has led the Emerging Markets Private Equity Association since its launch in 2004. The organisation is searching for a new chief executive.
John Suhler oversaw fundraisings totaling $3.1bn at the helm of the firm he co-founded in 1981.
The emerging markets specialist is targeting $3.5bn for its Actis Global 4, which will invest in mid-market deals in Asia, Latin America and Africa.
The $12.4bn pension fund’s $55m commitment to Warburg Pincus’ latest mega-fund is its first with the firm.
Proceeds from the $167.5m recapitalisation generated a $50m cash distribution to KPS, co-investors and company management.
Gramercy executives David Britts and Gustavo Ferraro are encouraged by the development of tech-based improvements to mid-market companies in Latin America.
The $9.1bn retirement system would finalise its decision on the general investment consultant RFP on 18 April.