Annabelle Ju
Based in New York, Annabelle Ju covers North American institutional investors and fund regulation as the US Private Equity Reporter for Private Equity International and private funds management. She previously reported on market structure at Bloomberg and obtained her Master of Science degree from Medill School of Journalism at Northwestern University.
The new group within Eaton was established after the firm raised almost $500m for four direct deals in the past six months.
The firm had over $20bn in demand for Clayton, Dubilier & Rice X, which it started raising in October.
The $315bn pension plan wants its internal PE investment team to focus on identifying skilled managers rather than worrying about meeting the target asset allocation.
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The $2.1bn pension has so far generated $245m in cash inflows from a series of secondaries sales that began in December.
The $51bn pension may also hire more private equity staff.
The $133bn pension fund also expects the number of its fund managers providing the ILPA fee template to more than double by June.
The senior investment professional, who will leave the $22bn pension fund after two years, oversaw distressed and infrastructure investments alongside traditional buyout strategies.
The $14.5bn pension, which has 4.4 percent of its assets in private equity, is searching for a replacement; deputy CIO Jude Perez is serving as CIO in the interim.
Funds are using a range of valuation methodologies for unicorn companies, raising a red flag for the regulator.
Roland Lescure, who joined CDPQ in 2009 and oversaw the growth of its PE assets, plans to pursue a political career in his native France.