Zoe Hughes
Fund of funds manager Kensington has committed C$1.9m to a 60-year-old Canadian oil sands mining company as part of a consortium including Calgary private equity firm TriWest.
Holyoke Retirement Board already has a 13 percent allocation to real estate.
Morgan Stanley has agreed to take a 60 percent stake in the world's biggest publicly traded childcare center operator, ABC Learning.
The firm’s global private equity division has hired James Howland as it forges ahead with its return to the asset class.
The state retirement system has increased private equity and real estate allocations by 3 percent, saying it wants more flexibility in its investments.
The institutional investor has approved fresh commitments to Bridgepoint, Carlyle and Platinum vehicles, the latter marking a new relationship for the trust fund council.