CalPERS allocates $8.45 billion to alternatives

CalPERS allocates $8.45 billion to alternatives

CalPERS committed a total of $8.45 billion to alternative investments, according to a report to the board of the $402.9 billion Sacramento-based pension fund. The California Public Employees’ Retirement System’s staff under its discretion committed $2...
US LBM to be Acquired by Bain Capital Private Equity

US LBM to be Acquired by Bain Capital Private Equity

US LBM, a leading distributor of specialty building materials in the United States, today announced the signing of a definitive agreement for Bain Capital Private Equity to acquire a majority stake in the company. US LBM will continue to operate under the leadership...