Brett Johnson

Co-founder of TwinFocus: private equity bets increasingly selective amid 'DPI crisis’

The Boston-based multi-family office is looking to strike a balance of established GPs prepared to navigate distressed environment with managers ‘not swimming in crowded pools’ in private equity.

Washington bullish on Spark, sees 'almost uncapped upside' for venture

Pension system overseeing more than $230bn in assets underwent a three-year due diligence process to find VC manager it believes can weather a challenged environment.

CalPERS introduces PE allocation into smaller judges’ pension

California pension is for the first time adding private equity to one of seven pools of capital designed for select retirees after long-time reliance on returns from public equities and fixed income.

CalPERS shows near-term outperformance in PE amid strategy shifts

The California pension giant with $613bn is demonstrating a near-term performance boost following a heavier emphasis on venture and growth, co-investment and secondaries.

LPs say they are mostly clear of ESG restrictions on defense tech

As geopolitical tensions continue to rise, and opportunities to commit to GP strategies involving defense with it, investors are finding paths to investment with few ESG barriers, LPs said at NEXUS 2026.

Are PE’s best days ahead of it? Here's what CPPIB and Warburg Pincus think

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

NEXUS panelists: lack of exits, compressed PE returns complicating LP-GP dynamics

Joined by global peers, Mike Lazorik of Texas TRS tells delegates at PEI Group's NEXUS 2026 event that LP-GP alignment ‘has never been more complicated.’

Endowment OCIO: ‘Stronger demand than ever' for VC funds

Leader at Brown Advisory, which manages $12bn in assets for endowments and foundations, says LPs are anxious about a concentration of AI exposure in public markets and are leaning more heavily into venture this year to diversify high-growth assets.

Texas Teachers’ staff views TPA trend as mostly misaligned with its goals

While evaluating whether the more holistic approach to investments would be suited for the $230bn pension, the CIO said he was dubious about expected outperformance under the new approach and other suggested benefits.

San Bernardino pension laments muted performance amid PE overexposure

The California pension’s board, after voicing skepticism about the fund’s increasing PE exposure last month, grilled its consultant on subpar near-term performance.