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...
Blackstone announced the final close of its latest global secondaries strategy, Strategic Partners IX, and inaugural GP-led continuation fund strategy, Strategic Partners GP Solutions. SP IX has total commitments of $22.2bn and SP GPS has total commitments of $2.7bn....
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...
Brookfield Asset Management is considering selling technology outsourcing firm Everise for about $1bn amid interest from potential buyers, according to people familiar with the matter. The Canadian investment firm has been speaking with financial advisers as it...
Ares Management Corporation has held the final closing of its Infrastructure Debt Fund V (IDF V), which is focused on making subordinated investments across the digital, utilities, renewables, energy and transportation sectors, at approximately $5bn. The fundraising... 