Parthenon Capital

The $65 billion Teachers’ Retirement System of Illinois in Springfield (TRS) allocated across multiple asset classes, putting about $1 billion to work in alternatives with private equity leading the way in new activity.

The Oregon Public Employees’ Retirement Fund (PERF) continued to add to its private equity and alternative investment portfolios with five new fund commitments earlier this year.

Private equity, real estate, credit and venture capital firms closed in on more than $42 billion in assets in March 2023, compared with $26 billion in the year-ago period.

The Alaska Permanent Fund Corp. saw a decrease in assets year over year, but still managed to put over $1 billion to work in the previous quarter across real estate, infrastructure and private equity.

The Texas County & District Retirement System (TCDRS) in Austin added two funds to its private equity portfolio in recent weeks.

Growth-focused private equity firm Parthenon Capital raised $4.5 billion for its latest fund, exceeding its initial target by $1 billion. Parthenon Investors VII counts the Illinois Municipal Retirement Fund among its investors. The fund will carry on Parthenon’s ongoing expertise ...

Divided by asset class, AW Research tracked a total of roughly $9.4 billion in deals publicly announced in the five-day period for the week ending Feb. 17. Credit: $6 billion Crayhill Capital Management provided a $200 million secured receivables financing facility to ...

The Illinois Municipal Retirement Fund (IMRF) in Oak Brook approved multiple alternative investment funds at its board of trustees meeting late last week. The roughly $48 billion public pension plan also approved an investment policy that decreased the maximum commitment ...

Private equity, real estate, private debt, macro and trend-following plays dominated investment activity totaling $1.8 billion in recent weeks at the Teachers’ Retirement System of Illinois in Springfield. The $54 billion retirement system plans on issuing a formal request for ...

The $30 billion Texas Municipal Retirement System chose to top off its investment with San Francisco firm FTV Capital. Trustees approved an additional $25 million commitment to FTV VI for a total commitment of $75 million to the firm. Staffers ...