Chelsea Stevenson
.jpg "Pensions’ buyout returns beat other assets")
Fixed income generated a median 10-year annualised return of 6.6% for US pensions, according to a PEGCC study, but private equity remained the top performer.
Babson Capital Management’s Tower Square Fund IV is targeting $1.6bn for lower mid-market mezzanine investments.
Lawrence Schloss will leave his post as chief investment officer for the New York City Retirement System.
The Missouri State Employees’ Retirement System has not named a replacement for Tricia Scrivner.
The state investment council committed $100 million to Landmark’s fifteenth secondaries fund, amid the pension’s plans to “thin” its private equity portfolio.
.jpg "Silver Lake prevails in $24.9bn Dell deal")
Silver Lake and Michael Dell have been working since February to reach an agreement with Dell's shareholders.
The Los Angeles pension system invested in the local mezzanine fund that is targeting $1.5bn.
.png "Texas Teachers commits $460m in Q1")
Commitments included $150m to Apollo’s latest credit opportunities fund.