{"id":40843,"date":"2015-03-16T01:11:49","date_gmt":"2015-03-16T00:11:49","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/calpers-commits-75-million-to-emerging-manager-program-firm-siris-partners\/"},"modified":"2015-03-16T01:11:49","modified_gmt":"2015-03-16T00:11:49","slug":"calpers-commits-75-million-to-emerging-manager-program-firm-siris-partners","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/calpers-commits-75-million-to-emerging-manager-program-firm-siris-partners\/","title":{"rendered":"CalPERS Commits $75 Million to Emerging Manager Program Firm Siris Partners"},"content":{"rendered":"<p>The California Public Employees&#8217; Retirement System (CalPERS) today announced that it has committed $75 million to private equity firm Siris Partners. This is the first direct commitment to Siris, who has previously received commitments from CalPERS through the System&#8217;s emerging manager fund-of-funds.<\/p>\n<p><em>&#8220;CalPERS is committed to emerging manager strategies,&#8221;<\/em> said Ted Eliopoulos, CalPERS Chief Investment Officer. <em>&#8220;The transition from a fund-of-funds relationship to a direct relationship with CalPERS is the outcome we hope to see with our emerging manager programs.&#8221;<\/em><\/p>\n<p>Siris will use the commitment to make private equity investments in middle-market technology companies in North America, with a focus on data storage and infrastructure, mobile data, smart phone and cloud computing sectors.<\/p>\n<p>Siris Capital is a private equity firm focused on making control investments in data\/telecommunications, technology and technology-enabled business service companies in North America. The firm is headquartered in New York, New York.<\/p>\n<p>CalPERS has nearly $12 billion invested with 395 emerging managers. Since 2010, CalPERS has made more than $1 billion in new commitments to emerging manager strategies in Private Equity, Real Estate, and Global Equity, as well as commitments to individual emerging managers who have transitioned to direct investments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The California Public Employees&#8217; Retirement System (CalPERS) today announced that it has committed $75 million to private equity firm Siris Partners. This is the first direct commitment to Siris, who has previously received commitments from CalPERS through the System&#8217;s emerging manager fund-of-funds.<\/p>\n","protected":false},"author":20,"featured_media":40841,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1687,1655,1651,1437,2094,2007],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/40843"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=40843"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/40843\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/40841"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=40843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=40843"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=40843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}