New York State Common makes $1.2bn in commitments to alternatives

New York State Common makes $1.2bn in commitments to alternatives

New York State Common Retirement Fund, Albany, made six commitments to alternatives during October for a total of up to $1.2bn, according to a notice on the website of New York State Comptroller Thomas P. DiNapoli, the sole trustee of the $233.2bn fund. The pension...
Pasta maker Canuti has been acquired by The Riverside Company

Pasta maker Canuti has been acquired by The Riverside Company

Pasta maker Canuti Tradizione Italiana has been acquired by US private-equity firm The Riverside Company. Canuti, which supplies filled and non-filled frozen pasta varieties mainly to the foodservice channel, has been bought by the New York City-based investor from...
Blackstone To Limit Withdrawals From $125bn Real Estate Fund

Blackstone To Limit Withdrawals From $125bn Real Estate Fund

Blackstone will limit investor withdrawals from its $125bn real estate investment fund following a spike in redemption requests, according to the New York-based firm, following an announcement that it will sell its stake in two Las Vegas properties. Only 0.3% of the...