Memorandum to: State Investment Council From: Christopher McDonough, Director Subject: Proposed Investment in BCA Cap I, L.P. The New Jersey Division of Investment (“Division”) is proposing an investment of up to $300 million in BCA Cap I L.P., managed by Blueprint Capital Advisors LLC (“BCA”). Pursuant to the State Investment Council (the “Council”) regulations, the […]
Excerpts: Graciano Corp v Baronoff, 106 A.D.3d 778, 964, N.Y.S.2d 602. The plaintiff contractor performed certain masonry work on property owned by the defendants in Suffolk County. After a dispute arose, the plaintiff commenced this action, inter alia, to recover damages for breach of contract and in quantum meruit. The defendants moved, inter alia, for
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Recommendation Staff, together with Aksia, recommends that PSERS invest $200 million in the Two Sigma Risk Premia Enhanced Fund, LP (Fund). This recommendation is based on our assessment of the investment strategy and our evaluation of Two Sigma Advisers, LP’s (Two Sigma) capabilities. Firm Overview Two Sigma Investments, LP (TSI) was co-founded in 2001 by
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Memorandum to: State Investment Council From: Christopher McDonough, Director Subject: Proposed Investment in Warburg Pincus China, L.P. The New Jersey Division of Investment (“Division”) is proposing an investment of up to $100 million in Warburg Pincus China, L.P. (the “Fund”). This memorandum is presented to the State Investment Council (the “Council”) pursuant to N.J.A.C. 17:16-69.9.
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Memorandum to: State Investment Council From: Christopher McDonough, Director Subject: Proposed Investment in Benefit Street Partners Special Situations Fund L.P. The New Jersey Division of Investment (“Division”) is proposing an investment of up to $150 million in Benefit Street Partners Special Situations Fund L.P. (the “Fund”). This memorandum is presented to the State Investment Council
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Excerpts: 20 years ago today, people thought Apple “Back in late 1995 early ’96, when we were at our peak, we were literally hours away from buying Apple for about $5 to $6 a share,” former Sun President Ed Zander would later recall in 2011. In 1993, Apple missed guidance on its quarterly earnings. That
Memorandum to: State Investment Council From: Christopher McDonough, Director Subject: Proposed Investment in Blackstone Real Estate Debt Strategies III, L.P. The New Jersey Division of Investment (“Division”) is proposing an investment of $100 million in Blackstone Real Estate Debt Strategies III, L.P. (“BREDS III” or the “Fund”). This memorandum is presented to the State Investment
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Excerpts: “Robert H.B. Baldwin, Transformer of Morgan Stanley, Dies at 95” Robert H.B. Baldwin, a Wall Street maverick who presided over the transformation of Morgan Stanley from a prestigious but staid old investment bank into a modern, competitive financial services corporation in the 1970s and early ’80s, died on Sunday at a nursing home in
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Memorandum to: State Investment Council From: Christopher McDonough, Director Subject: Proposed Investment in Brookfield Capital Partners IV, L.P. The New Jersey Division of Investment (“Division”) is proposing an investment of $150 million in Brookfield Capital Partners IV, L.P. (“BCP IV”). This memorandum is presented to the State Investment Council (the “Council”) pursuant to N.J.A.C. 17:16-69.9.
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