Annabelle Ju
The firm, which also invests in corporate carve-outs and buyouts, has allocated about a third of its capital to distressed investing since inception.
The activist investor, which now owns almost 5% of KKR, ‘shares the vision’ for the future of the private equity giant, according to KKR.
.jpg "Dallas Police & Fire remains active in secondaries market")
The pension exited two funds in February and is under contract to sell 10 more private debt and real estate fund stakes worth $88.91m by the end of March.
The pension giant will start digging in to fund managers’ ESG policies to help determine whether to move forward with further due diligence.
.jpg "Monroe provides debt for Linden’s ProPharma acquisition")
The investment is a senior debt facility in ProPharma, a US-based medical service company, which operates both in Europe and the US.
Värde appointed Ilfryn Carstairs and Jeremy Hedberg to be joint CIOs alongside current CIO and chief executive George Hicks.
The food chain Krispy Kreme is one of the investments picked up HarbourVest, as well as stakes in Indigo Capital V, a UK-based credit investment firm.
.jpg "Dyal buys minority stake in HIG Capital")
Dyal acquired less than 15 percent of the Miami-based private equity firm in a deal that reportedly values HIG at $4.5b, according to PDI sister publication Private Equity International.
Scott Davis was promoted to CIO from deputy CIO and Bo Ramsey to deputy CIO from director of PE at the Indiana Public Retirement System.
%2080.jpg "CalPERS names interim CEO")
Douglas Hoffner, a member of its current executive team, will run the $291bn pension while it searches for a replacement for Ann Stausboll, who retires at the end of the month.