By Pitch Book From Value Walk For some of the biggest names in private equity, nothing sounds better during the holiday season than a Caribbean vacation. Just ask TPG, KKR and Bain Capital, all of which were recently involved in massive deals dedicated to staying and playing in the tropics. First up: Pace Holdings (NASDAQ: […]
One of the most important investors in the world is entirely done with hedge funds
By Linette Lopez From Business Insider Calpers — the California Public Employees’ Retirement System — has announced that it will completely divest itself from hedge funds, taking $4 billion out of the game, says Bloomberg. Interim Chief Investment Officer Ted Eliopoulossaid that the problem is not that the 24 hedge funds and 6 fund of […]