Carlyle Lands $155M Ind. Pension Fund From Credit Suisse

Law360, New York (June 14, 2013, 9:03 AM EDT) -- The Carlyle Group LP has nabbed from Credit Suisse AG a $155 million fund management mandate from Indiana’s pension system, which like many other institutional investors is looking to cull its list of private equity firms.

The Indiana Investment Fund I, which closed in 2006, had been under the management of Credit Suisse’s private equity arm. But the original Credit Suisse fund manager, Curt Rossman, moved last year to AlpInvest, a smaller private equity firm that Carlyle recently bought. The two firms will jointly manage the...
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