Intermediate Capital Group

LACERS adds over $200m to PE

The $22 billion Los Angeles City Employees’ Retirement System (LACERS) continues to build up its $4 billion private equity investment program, with the latest rounds of allocations totaling over $200 million. LACERS’ private equity consultant Aksia recommended a series of ...

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People moves for the week ending June 23

Private Equity Star Mountain Capital added MaryAnn Stauffer as a managing director. Stauffer will be based in Star Mountain's new Philadelphia office, and her role will involve enhancing the firm's client services and distribution capabilities, with a particular focus on ...

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ICG names Cestar to lead credit platform

Intermediate Capital Group (ICG) appointed Mathew Cestar as global head of credit to be based in the £80 billion ($102 billion) firm’s London office. In the newly created role, Cestar will provide strategic and operational leadership for ICG’s credit platform ...

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NM makes credit, PE commitments

The $37 billion New Mexico State Investment Council approved a private credit and a private equity investment at its Sept. 27 meeting. The moves come as one-year returns through July 31 dipped to 0.24%, according to investment performance reports shared ...

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Illinois pension adds $3bn in alts exposure

The $66 billion Teachers’ Retirement System of Illinois in Springfield continues to build up its alternative investments portfolio with a total of $3 billion-plus being put to work. The retirement fund has described its strategy as one that is "diversified, ...

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