Alfie Crooks

Montana eyes co-investment portfolio growth, sets pacing

The fund follows in the footsteps of other smaller pensions looking to increase their co-investment abilities.

LPs bemoan vanishing illiquidity premium

While many GPs have been optimistic despite the recent slump in private equity activity, some in the industry are concerned that the asset class's issues are more than temporary.

Louisiana Teachers’ co-investment allocation set to skyrocket

The pension plan is preparing to sign off on a new mandate that would quadruple its co-investment pace over the next three years.

APFC discusses cuts to PE, fearing the end of asset class’s 'golden era'

The sovereign wealth fund will take formal recommendations to the board next February, but the investment staff is prepared to suggest incremental cuts to the asset class.

LAFPP sets pacing, increases venture commitments

The pension will keep its pacing in line with previous years, but aims to increase its commitments to venture capital and growth equity assets.

Endowment returns paint a complex picture of PE as reporting season kicks off

With some of US’s largest private equity allocators set to publish their FY 2025 returns, early reports paint a curious but hopeful picture of the investment landscape.

Texas Municipal tweaks target ranges, aims to realize new PE target

The pension fund increased its private equity target range in the hopes of giving investment staff the leeway to make up a 5.5% shortfall in its allocation.

Nevada pension looks to slash private equity allocation

The shift comes shortly after Nevada Public Employees’ Retirement System elected to increase its overall private markets allocation to 15% from 12%.

Maine considers another slash to PE allocation

If the measure goes through, it would be the second time the pension has cut its private equity target in the last three years, as the LP aims to improve its liquidity position.

Can university endowments cope with the new terrain?

University endowments have faced significant adversity this year from both macroeconomic headwinds and federal targeting. What are the allocators doing to fight back?