Brett Johnson

Endowments and foundations using outsourced investment offices increasingly view GP-led secondaries as a way to deploy capital more quickly into private markets, prioritising performance opportunities over liquidity concerns.

Head of PE at $38bn pension system believes portfolio’s distributions have fared well in a difficult period for LPs with hefty PE allocations.

Shoaib Khan, CIO and director of the New Jersey Division of Investment, says re-ups and new opportunities are being looked at on equal footing, despite being spared liquidity concerns.

The $75bn pension fund’s consultant, Aon, conveyed to the board that the long-time private equity investor is not alone among LPs falling short of benchmarks in the asset class.

Multifamily office head Paul Karger tells affiliate title Venture Capital Journal he tries to skip managers ‘swimming in crowded pools’.

There are reasons for optimism when it comes to private equity returns and the challenges to LP-GP alignment.

A $39bn pension fund is sounding the alarm over a lack of reliable information at the portfolio company level.

The US's largest public pension had a streak of co-investments underperforming funds in most periods over several decades, according to private equity head Anton Orlich.

Larger successor funds typically moved GPs into bigger deals with potentially less return upside, not universally worse returns, according to the firm.

After a stretch of underperformance against peers, CIO Kevin Sigrist is stepping back into a role he once resigned from in order to find help steering the state pension fund in a new direction.