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Month: June 2020

Veteran Missouri pension investor Kelly joins PennSERS as new CIO

Veteran Missouri state pension investment specialist Seth Kelly has joined the $31.1bn-managing Pennsylvania State Employees’ Retirement System as its new CIO.

Ex-CVC Credit Partners investor relations director Munte joins 17Capital

Former CVC Credit partners investor relations director Martin Munte has joined private equity house 17Capital in London to bolster the firm's own IR operations.

PA SERS appoints Seth Kelly as new CIO

The board of the Pennsylvania State Employees' Retirement System (PA SERS) has named industry veteran Seth Kelly as its new chief investment officer.

UK government under pressure to create a race charter for finance sector

High-profile figures from finance and politics have called on the Treasury to set up a programme for financial services, akin to the government’s Women in Finance charter

KKR invests in Israel’s Artlist

Artlist builds and maintains a catalogue of digital content from stock music to sound effects

Frozen IPO market begins to thaw

In recent days a string of companies have made their stock market debuts or filed their intention to list in the coming months

VC-backed health insurance platform Oscar scores $225m investment round

Online health insurance platform Oscar has closed a new funding round on $225m as it looks to continue its growth.

Private equity’s trillion-dollar piggy bank holds little for struggling companies

Barriers stand between buyout firms’ cash pile and the businesses in need that they own

European VC house ETF Partners leads Series A for crowdsourced cybersecurity platform Intigriti

Crowdsourced cybersecurity platform Intigriti has closed its Series A round on €4.14m.

Game on: Buyout firms aim to score big in sports

As sporting franchises return to action, private equity groups are looking for bargains among the teams and leagues battling with the impact of lockdowns

KKR Acquires Stake in First Gen through Voluntary Tender Offer

Investment in leading independent power producer deepens KKR’s commitment to the Philippines MANILA, Philippines--(BUSINESS WIRE)-- Global investment firm KKR today announced that, following the completion of the voluntary tender offer period by Valorous Asia Holdings

Consumer brands-focused VMG Partners reveals trio of promotions

Consumer brands-focused private equity house VMG Partners has made a trio of promotions, a year after raising $250m for its first early-stage fund.

Opalesque Roundup: Hedge fund industry AUM sits near $3.05tn in May: hedge fund news, week 26

In the week ending June 26th 2020, a report by eVestment said that investor flows were near flat in May, with net inflows of an estimated $1.71 billion into hedge funds. Total estimated industry assets

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