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.
3 min read · 07 February 2025
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.
4 min read · 07 February 2025
The pacing set for 2025 is part of a long-term plan for the fund to reduce its private equity exposure down to its 5% target from its current mark of 8.9%.
2 min read · 04 February 2025
Appetite for co-investment has waned among many LPs, and GPs may begin paring back their offerings. Are the halcyon days of co-investment coming to an end?
9 min read · 03 February 2025
The LP is exploring the proposition of offloading the stakes amid a secondaries market with record activity.
2 min read · 30 January 2025
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.
2 min read · 28 January 2025
The proposals, to be voted on in February, include the recategorization of certain private equity assets, the removal of sub-asset class benchmarks and the implementation of new sub-asset class targets.
3 min read · 21 January 2025
Facing limited options, GPs are turning to SPACs and continuation vehicles, while some believe a revival of the IPO market, currently favoring only top-tier assets, could reignite activity.
3 min read · 14 January 2025
Majority of LPs surveyed by the firm expect to decline to reinvest with some existing GP relationships, with performance cited by many as the underlying reason.
2 min read · 11 December 2024
The board of the sovereign wealth fund is considering a proposal to increase its target allocation to venture capital strategies to a range of 10-25% from a range of 0-5%.
4 min read · 06 December 2024
