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.
.jpg?id=12885377292 "LA Fire & Police eyes $450m in PE commitments for 2017")
The $20bn pension fund increased its annual expected commitment range to $425m-$475m for 2017 after raising its target allocation to 12% for private equity in June.
The investment firm purchased 10.7 million shares of the publicly-traded alternative asset manager.
Neuberger Berman offered management fees for this co-investment and fund investment-focused vehicle that were more favourable to New Jersey than the previous separate account.
.jpg "CalSTRS revises ESG policy, mulls direct investing models")
The $196bn retirement system points to Dutch, Canadian and Australian pensions for their direct and co-investing approaches.
The Ontario pension’s private equity portfolio returned 20.6% net IRR last year, far above the overall 6% return.
The firm has also lowered its hurdle rate to 6% from the last fund's 8%.
.jpg "INPRS seeks consultants for carried interest calculation")
Efforts by the Indiana pension will analyse costs associated with private equity, private debt and private real estate investing for the first time.
The $311bn pension fund’s former CFO left last month in pursuit of a similar position at her alma mater in British Columbia, Canada.
The former chairman of the $112bn Washington State Investment Board, who is now advising lower mid-market firm Star Mountain, says LPs should focus on diversifying their GP relationships.
Nearly eight in 10 limited partners and consultants recalculate fund managers’ track records during due diligence, according to a new survey.