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PERA establishes capital fund for Colorado businesses
The Colorado Public Employees Retirement Association announced today that it has established the Colorado Mile High Fund to provide easier access to capital for Colorado-based businesses. Colorado PERA, with more than $40 billion in assets, said it will earmark capital for businesses that have a nexus in Colorado and currently have the support of a [...]
U.S. private equity overhang reaches $400 billion The cumulative amount of private equity fundraising overhang in the United States is $400 billion. After record fundraising years during 2007 and 2008, the Alliance of Merger & Acquisition Advisors and PitchBook Data Inc. say the gap between funds raised and equity invested has widened to an all-time [...]
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