Brett Johnson

Lenders take their shot at investing in sport

Private credit investments have started to arrive on the sports field.

CalPERS becomes first US pension to adopt total portfolio approach

CalPERS CIO Stephen Gilmore signaled that investments under a governance model that prevents teams working in isolation in asset allocation would have a private markets tilt.

CalPERS backs Haun and Mayfield funds in commitment flurry

The commitments serve as the latest examples of a more venture-focused overhaul of private equity strategy at the $589bn system.

IRR for LAFPP's venture portfolio is twice as high as benchmark

Despite moderating deployment pace after a flurry of commitments during the peak covid years, $35bn pension still has interest piqued by venture in a constrained market.

Ventura County told of ‘strong opportunity pipeline’ for VC

California pension expects distribution uptick in $8.7bn portfolio and potential rebound in PE and VC fundraising in 2026.

After curtailing PE assets, Oregon council signals it could further reduce exposure

Following a several-year effort to correct an overallocated exposure to PE, early indications from council hint at plans for more reductions ahead of next year’s asset allocation process.

LACERS, long on the sidelines, prepares to enter secondaries

LACERS CIO Rodney June: ‘The opportunity set has grown’ in private equity secondaries market as $26bn pension eyes potential participation.

After success of PE co-invest program, Sacramento County looks to expand strategy

The California pension’s staff want to continue its co-investment program with Ardian and add develop similar programs with the firm outside private equity

Longtime CIO Vince Smith to retire from NMSIC

The sovereign fund recently committed $690m to seven venture funds as part of its effort to bolster exposure to private assets following several years of record cash inflows from oil revenues.

After spearheading a turnaround at New Mexico SIC, system’s CIO set to retire

The sovereign fund is bolstering its exposure to private equity and other private assets following several years of record cash inflows from oil revenues.