Private Equity
VRS has been steadily increasing allocation towards PE, had an 8.8% allocation in 2011 and is now up to 15.6%.
2 min read · 24 September 2021
The system formed new relationships with Hellman & Friedman and TA Associates.
1 min read · 22 September 2021
The board approved doubling its private equity target allocation to 12%.
2 min read · 21 September 2021
Sacramento County Employees’ Retirement System increased its PE allocation to 11%, also adding a 15% target growth equity sub-strategy.
2 min read · 20 September 2021
The firm’s recent exit of The Planet Group generated a strong return that will likely help its fundraising efforts.
1 min read · 17 September 2021
More LPs consider ESG standards as one of many factors in potential commitments, but generally it's not risen to the level of being a deciding factor when backing a manager.
4 min read · 10 September 2021
More LPs consider ESG standards as one of many factors in potential commitments, but generally it's not risen to the level of being a deciding factor when backing a manager.
4 min read · 10 September 2021
The fund, which has been in the market since August, is expected to exceed the target by $2bn to $3bn.
2 min read · 07 September 2021
CalSTRS has completed 36 commitments totaling $4.7bn in the first half of this year.
2 min read · 02 September 2021
The system’s national private equity portfolio underperformed the Cambridge US PE Index by 1.44%, even as the program experienced a $295m net gain in Q1.
2 min read · 01 September 2021