Monday, April 23, 2012

Georgia Governor Nathan Deal Signs Pension/Private Equity Law

From PEhub:

Georgia Is Finally On Private Equity’s Mind
 Georgia, one of the last holdouts among states prohibiting public pensions from investing in alternatives, has relented, according to Buyouts, peHUB’s sister magazine. Nathan Deal, the state’s governor, signed a law allowing all but one of the state’s public pensions to invest as much as 5 percent of their assets in alternatives, including private equity....MORE