The California Public Employees’ Retirement System (CalPERS) is among the institutional investors backing a roughly $300m continuation vehicle that will allow private equity firm Monogram Capital Partners to retain ownership of beverage manufacturer Mountaintop Beverage, according to a report by Bloomberg.
The transaction highlights the growing participation of large pension funds in the private equity secondaries market, including continuation vehicles, as institutional investors become more co...
Continue Reading
Sign up for FREE to read the full article and access 150K+ alternative investment headlines.
Alternative Investment News