
Alfie Crooks
While the pension has been a net buyer of secondaries in the past, poor distributions from private equity assets in these particular vintage years would cause the LP to look at opportunistic sale processes of certain managers.
Despite the uncertain landscape, ILPA’s senior leadership insists that its members are sticking to their current portfolios and taking a long-term outlook on the volatility.
GPs may begin to pare back their co-investment offerings as appetites shrink among investors.
A proposed increase of the size and scope of the existing US endowment tax will likely force many endowments to increase their commitments to private equity.
LA Fire and Police Pension is not alone in sudden concern for an acronym that has become a flashpoint of controversy in America’s culture wars.
Los Angeles Fire & Police Pension Fund board members questioned whether the fund should remove the DE&I title attached to its emerging managers report, as fears of legal backlash from political opponents of the DE&I movement ramp up.
Connecticut Retirement Plans and Trust Funds sets a target of $2.85bn to private equity through 2025, including $300m set aside for a co-investment.
The $93bn system has operated with a growing private equity overweight for the last six years, after being dramatically affected by the denominator effect.
The system floated a plan to invest $250m to emerging private equity managers over the next five years.
The system approved a boost in its target private equity allocation up to 20%, from its current target of 13%.