Texas Teachers Double Down on KKR as Pensions Push for Control
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It’s almost 10 p.m. on an October Tuesday at Brasserie 8½, a French restaurant on 57th Street in Manhattan, and the Texan in the back corner is just warming up.
Steven LeBlanc, former real estate executive and senior managing director of a $110 billion pension fund, is holding forth at the lone occupied table. The restaurant takes its name from the iconic concave tower above it known as 9 West. The building has breathtaking views of Central Park and houses some of the world’s largest hedge funds and private-equity firms.