Assets under management at KKR up for quarter, down year-over-year
By Arleen Jacobius November 19, 2009KKR & Co. reported total assets under management of $54.8 billion as of Sept. 30, up 7.9% from $50.8 billion as of June 30 but down 5% from $58 billion at the end of the 2008 third quarter.
Insurers feel pinch on funding alternative commitments
By Arleen Jacobius November 18, 2009Insurance companies had less cash available to make capital calls by their alternative investment managers in the third quarter than at the same time in 2008, but they still had more liquid assets to pay unfunded commitments than other institutions, according to NYPPEX Private Markets.
Tennessee assigns $25 million to Draper Fisher fund
By Christine Williamson November 18, 2009Tennessee Consolidated Retirement System, Nashville, committed $25 million to Draper Fisher Jurvetson Fund X, according to Lamar Villere, director of private equity. The commitment is the...
Boeing preps $1.7 billion in hedge fund searches
By Barry B. Burr November 18, 2009Boeing Co., Chicago, plans to search early next year for direct hedge funds to invest almost $1.7 billion, said Andrew Ward, CIO.The searches will begin after officials at the $43.6 billion...
Maryland on lookout for private equity, real estate consultants
By Doug Halonen November 17, 2009Maryland State Retirement and Pension System, Baltimore, issued RFIs for private equity and real estate consultants, said Robert Burd, the $32 billion system's managing director.The contract with ...
Long-only or hedge? It no longer matters
By Christine Williamson November 16, 2009Institutional investors are gearing up to integrate hedge funds into their equity and fixed-income portfolios, part of a growing trend toward allocating assets based on their sources of return — alpha and beta.
Managers unlikely to escape regulation
By Christine Williamson November 16, 2009Hedge fund managers should expect regulation, likely from all corners of the world, according to speakers at the third annual Global Alpha Forum.
Zell: Predictions of commercial crash 'greatly exaggerated'
By Ann Saphir November 12, 2009Expectations of an impending crash in commercial real estate that would create bargain-hunting opportunities are “greatly exaggerated,” Sam Zell told several hundred investors Tuesday in...
Illinois Universities picks infrastructure, PPIP firms
By Barry B. Burr November 9, 2009Illinois State Universities Retirement System, Champaign, hired Alinda Capital Partners and Macquarie Capital to run $40 million each in the system's first infrastructure allocation,...
Boston plan goes for debtor-in-possession manager
By Timothy Inklebarger November 6, 2009State-Boston Retirement System is searching for managers to run up to $50 million in a debtor-in-possession financing.The RFP is posted on the website of the Massachusetts Public Employee...
Lambeth on lookout for LDI, other managers
By Drew Carter November 6, 2009London Borough of Lambeth is searching for as many as eight managers to run about £575 million ($951 million), including £210 million in a liability-driven investing portfolio, said Harry Musisi,...
More venture capital dollars in fewer deals in 3rd quarter
By Arleen Jacobius November 2, 2009Venture capital firms invested more money in fewer transactions in the third quarter compared with the prior quarter, providing a tiny ray of sunshine for the industry.
Citadel lifts the gate on hedge fund investor withdrawals
By Ann Saphir October 30, 2009Citadel Investment Group, whose flagship hedge funds sank 55% last year amid unprecedented market turmoil, will allow investors to take their money out again after shutting off withdrawals for almost a year.
Venture cap cash to clean tech pushes Q3 investments up
By Arleen Jacobius October 27, 2009Venture capital firms invested more money in fewer transactions in the third quarter compared with the prior quarter, providing a tiny ray of sunshine for the industry.




