Sam Sutton

The $37.1bn retirement system committed $45m to SAC Capital spin-out Siris Capital Group’ debut fund.

After languishing for months, Boston-based ArcLight’s fifth fund appears to be on a marketing tear, having raised nearly $900m since May.

Hospital group HCA made headlines in March as the biggest-ever private equity-backed IPO, but the company's share price has since slumped by almost one-third, reigniting debate about the financial health of PE-backed IPOs.

The $41bn pension fund made commitments to Denham Capital, which recently hit the market with its sixth energy-related fund, and Avenue Capital’s second European fund.

The firm finished deploying its $1.8bn second fund in June, completing three transactions in a five-day period.

As the sovereign debt crisis creeps its way across Europe, Oaktree’s European Principal Fund III has picked up another $100m for distressed-for-control deals.

NGP’s previous nine funds have generated a net IRR of 22%, influencing the $75bn pension fund’s commitment to NGP Natural Resources X.

The pension committed $75m to TPG’s second growth fund that will split investments between the US and international opportunities, with an emphasis on China and southeast Asia.

The Carlyle Group, Thomas H. Lee Group and Bain Capital-backed restaurant franchise will use proceeds from the IPO to pay down debt accrued in part as a result of a dividend recapitalisation last year.

The firm expects to expand Golden Jaguar, a family-owned buffet restaurant chain, to reflect China’s growing urban middle class.