News & Analysis

The $203bn pension has had its private equity portfolio rise, but experienced a 37.1% decline in real estate for the year ended 30 June.

Shares of Kohlberg Kravis Roberts fell 2.9% in the firm’s debut on the New York Stock Exchange Thursday, after a strong final two weeks on the Amsterdam Euronext heading into the relisting.

Goldman and Lexington have reportedly been beneficiaries of the secondaries-focused mandate.

Stewart Perry and Jonathan Richards of DLA Piper UK examine insolvency issues pertaining to distressed debt investing. An excerpt from PEI Media’s new book: The Definitive Guide to Distressed Debt and Turnaround Investing: A comprehensive resource for making, managing and exiting investments in distressed companies and their securities.

Former Blackstone executive Harry Wilson, running to be New York's next comptroller, wants to build an additional layer of protection to the pension's investment process.

The Leon Black-led firm, which filed an IPO earlier this year for up to $50m, has hired Gene Donnelly to fill the position left by Kenneth Vecchione.

LPs have approved a one-year extension for the investment period of the firm's, co-led by Mark Patterson, $5bn third fund.

Two of Eaton Partners’ former European fundraisers have set up London-based placement agent Threadmark.

The Blackstone Group has granted a number of investors additional time to make commitments to its Blackstone Capital Partners VI fund before making a final close.

The $132.2bn public pension is shifting its attention away from value-added and opportunistic strategies, and sets an overall benchmark for the asset class to meet: a minimum of 9.25% net of fees.