The Florida Growth Fund, to be managed by private equity fund of funds manager Hamilton Lane, will invest on behalf of the Florida Retirement System Pension Fund.

“Florida needs leadership to develop economic growth, because this is one of the biggest issues currently facing our state,” said Attorney General McCollum, one of the SBA’s Trustees. “We have to find a balanced way to stimulate our economy and solve these problems rather than simply relying on federal handouts.”

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Tags: altassets, attorney general, economic-growth, economy, florida retirement system, leadership, mccollum, pension-fund, presence, private equity fund, private equity fund of funds, rsquo, sba

AltAssets – NB Private Equity Partners, the private equity fund of funds that emerged from failed US investment bank Lehman Brothers, is looking to list its shares on the Specialist Fund Market of the London Stock Exchange.

The company will retain its current listing on Euronext Amsterdam and so, if successful, will trade in both London and Amsterdam.

NBPE is not offering any new Shares or other securities in connection with the listing.

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Tags: euronext amsterdam, investment-bank, lehman brothers, london-stock-exchange, private equity fund, private equity fund of funds, private equity partners, specialist-fund

American Chronicle – Morgan Stanley Alternative Investment Partners has raised $1.14 billion in commitments for its new private equity fund of funds, Morgan Stanley Private Markets Fund IV.

The capital raised for the new fund represents a nearly 15% increase over that of Morgan Stanley Private Markets Fund III, which was closed in 2006, the company said.

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Tags: alternative investment, american chronicle, commitments, investment-partners, morgan stanley, private equity fund, private equity fund of funds, private markets

West Palm Beach (HedgeCo.net) – Goldman Sachs Asset Management announced today that it has raised its fifth dedicated private equity secondaries fund, GS Vintage Fund V, with approximately $5.5 billion in capital commitments.

GS Vintage Fund V will focus primarily on acquiring portfolios of private equity assets, including limited partnership interests in private equity funds, as well as providing unique liquidity and capital solutions to both limited partners and general partners around the world.

The GS Vintage Funds evaluate opportunities ranging from $1 million to over $1 billion in size, across all private equity strategies and geographies. As one of the largest investors in the secondary market for private equity, the GS Vintage Funds draw on Goldman Sachs’ global sourcing network, due diligence capabilities, risk management expertise, and extensive private equity relationships.

GS Vintage Fund V is the latest fund raised by the Alternative Investments & Manager Selection (AIMS) Group of Goldman Sachs Asset Management. With more than 200 professionals worldwide, the AIMS Group provides investors diversified and customized portfolio solutions, across traditional long-only managers, hedge funds, and private equity funds around the world. To date, the private equity strategies of the AIMS Group represent more than $32 billion of capital commitments across private equity fund-of-funds, secondary market funds and co-investment vehicles.

Goldman Sachs Asset Management is the asset management arm of The Goldman Sachs Group, Inc. (NYSE: GS), which manages $779 billion as of November 28, 2008. Goldman Sachs Asset Management has been providing discretionary investment advisory services since 1989 and has investment professionals in all major financial centers around the world. The company offers investment strategies across a broad range of asset classes to institutional and individual clients globally. Founded in 1869, Goldman Sachs is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals.

Editing by Alex Akesson

Tags: alternative investments, capital commitments, customized portfolio, equity assets, equity strategies, global financial services, global sourcing network, goldman sachs asset management, goldman-sachs, goldman-sachs-group, goldman-sachs-group-inc, investment advisory services, partnership interests, private equity fund, private equity fund of funds, private-equity-funds, risk management expertise, sachs group inc, vintage funds