Alfie Crooks

NMSIC mulls big bet on venture

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%.

Palladium rehires partner to head up healthcare

Ortiz rejoined Palladium on a full-time basis in May earlier this year and was voted in to his role as partner this summer. He will assume the role starting January 1, 2025.

Could CalPERS go where no US pension fund has gone before?

CalPERS’ proposed total portfolio approach would aim to provide a more holistic and unified approach to both risk and benchmarking, eliminating the silos between asset classes.

Ventura County to establish co-investment program

VCERA’s chief investment officer, Dan Gallagher, recommended launching the new program next year, starting with a $20m allocation.

LACERA proposes guidelines to up allocation to co-invest, secondaries

LACERA will be allowed to commit up to 35% of its private equity allocation to secondaries or co-investments, and up to 20% of the allocation to funds of funds.

Blackstone was sole buyer of PSERS’ secondaries sale

Pennsylvania Public School Employees’ Retirement System's sale included stakes in funds managed by New Mountain Capital, Apollo Global Management and Platinum Equity.

Alberta government ousts AIMCo board members, installs interim CEO

The Canadian province’s legislature, led by premier Danielle Smith, dismissed AIMCo’s CEO, Evan Siddall, along with three other board members last Thursday.

Details emerge on PA Schools’ secondaries sale

The sale comprised 13 fund investments, eight of which held vintages of 2013 or earlier, with the funds offloaded for an adjusted purchase price of $737.1m, according to documents seen by Buyouts.

Legislators take aim at Centre Lane’s Corelle Brands acquisition

Senator Casey’s concerns stem from Anchor Hocking’s acquisition of the Charleroi Pyrex glassware plant from Corelle Brands after the cookware company exited its bankruptcy proceedings.

Oregon looks for ways to deflate ballooning private equity exposure

The $93bn system has operated with a growing private equity overweight for the last six years, after being dramatically affected by the denominator effect.