Alfie Crooks

PA Schools pension sells $820m PE portfolio as it works to shrink exposure

The $72.5bn retirement system gave a verbal update during its October 24 investment committee meeting that it had closed a deal on September 30.

Wisconsin targets more private market exposure

SWIB says it expects to increase its private equity and debt commitment pacing to reduce the system’s excess liquidity.

Q&A: New Mexico SIC on acceleration of PE pacing, co-investments

Buyouts spoke with a spokesperson for the New Mexico State Investment Council to better understand its pacing and co-investment strategy.

Lindsay Goldberg hits tough market with sixth fund

Lindsay Goldberg VI is targeting $4bn, with a $4.5bn cap, according to Teachers’ Retirement System of Louisiana’s board documents.

LA Fire and Police pension seeks to relieve PE overexposure

The pension fund, which held its biweekly board meeting October 3, said that it would commit $750m to its private equity portfolio.

Alaska Permanent Fund to accelerate PE pacing

The sovereign wealth fund will likely have to increase its commitments to the asset class to $1.5bn in FY2025.

New Mexico SIC to increase PE commitments, co-investment activity

The pacing projections were set a week after the system’s investment committee approved a rebalancing of its funds' private equity target allocations.

Maryland pension system to build dedicated PE emerging managers programme

The system floated a plan to invest $250m to emerging private equity managers over the next five years.

Texas Municipal goes large with new PE target

The system approved a boost in its target private equity allocation up to 20%, from its current target of 13%.

OPERS set to eschew PE increases

While board members initially expressed enthusiasm for a “Plan A” that would increase allocation to private equity assets, concerns were brought forward regarding potential fees and liquidity constraints.