It’s relatively rare for an institutional investor to make a public statement about a loss on a venture-capital investment, but nothing about FTX International’s $32 billion blow-up and bankruptcy is ...
Tag: PrivateEquity
German Family Office Lennertz Raises Third European Private-Equity Fund-of-Funds
Family office Lennertz & Co. is raising a new fund to take advantage of investment opportunities created by recent market volatility and depressed valuations. Lennertz, which was founded by former...
Calpers Unloads Record $6 Billion of Private-Equity Stakes at Discount
(Bloomberg) — The California Public Employees’ Retirement System sold about $6 billion of its stakes in private equity funds to second-hand buyers, severing ties with a slew of past managers and...
These 2 states account for a third of America’s public sector pensions crisis
Step forward, California and Illinois! Your state and local pension funds are so badly funded that you two states, alone, account for about a third of the entire pension fund crisis of the entire coun...