CalPERS Commits $1bn to Boost Diversity Among Alts Managers

CalPERS Commits $1bn to Boost Diversity Among Alts Managers

The California Public Employees’ Retirement System is committing $1bn to identify and support diverse and underrepresented private market investor entrepreneurs through asset managers TPG Inc. and GCM Grosvenor. The $457 billion pension giant said it is investing...
KKR to buy S&P Global’s engineering solutions unit for $975m

KKR to buy S&P Global’s engineering solutions unit for $975m

Private equity giant KKR will buy S&P Global’s engineering solutions business for $975m, the financial services provider said on Tuesday. The move comes months after S&P Global said it would sell the unit, which serves more than 6,000 customers in the...