Meketa Investment Group, the private equity consultant of California Public Employees’ Retirement System (Calpers), has found that the pension fund’s current private equity investment pace is likely to be insufficient to maintain target exposure to the asset class, following a PE programme annual review.
TCA forms part of the shareholding of France-headquartered asset manager Tikehau Capital
MD Start, which is a group of three funds, was started by Sofinnova Partners in 2010
Sale ends a four-year holding period for the GP, which bought the company via its BCPE Fund II
Fund has a growth equity strategy, and enables the firm to make minority investments of $50-150m