District of Columbia allocates $502m to equities, alternatives

District of Columbia allocates $502m to equities, alternatives

District of Columbia Retirement Board approved manager hires and commitments totaling up to $502m. The $10.9bn pension fund’s board approved hiring EARNEST Partners to manage up to $250 million in active smidcap core equities at its Jan. 20 meeting, recently...
Polaris Closes Fifth Fund at €650m Hard Cap

Polaris Closes Fifth Fund at €650m Hard Cap

Polaris Private Equity, a leading Nordic buyout investor, is pleased to announce the closing of Polaris Private Equity V. The Fund was oversubscribed and closed at its hard cap of €650m, exceeding its target of €550m. Including team commitments, the Fund totals €690m....
Stonepeak Raises $14 Billion North American Infrastructure Fund

Stonepeak Raises $14 Billion North American Infrastructure Fund

Stonepeak, the alternative-investment manager focused on infrastructure and real assets, said it raised $14bn for its fourth flagship fund, exceeding an earlier target of $12bn. The total is almost double the amount raised by the firm’s third flagship fund, which...