Carmela Mendoza
Carmela Mendoza is a senior reporter for Private Equity International based in London. She first joined PEI in Hong Kong in 2015 and covered Asia. A graduate of Ateneo de Manila University, she previously worked for a digital agency in Singapore focused on government websites and publications covering business, trade and industry, transport, and social development.
The $235bn pension system plans to scale direct investing with both existing and new GP relationships.
Customised investment accounts made up more than one-fifth of the pension’s $59.7bn PE portfolio.
Â
GPs expected smoother fundraising efforts towards the end of the year. That’s looking less likely with the US regulator’s private funds reform.
An investor’s right to negotiate one-on-one competitive terms with its GPs were among the raft of proposals voted on this week.
The survey, which compiled responses from 101 senior buyout, growth, private debt, VC, real estate and infrastructure executives globally, found a smaller number in market than a year prior.
Our latest investor report suggests private equity’s fundraising slowdown will continue for the foreseeable future.
Foundations and endowments had the highest increase in relative exposure to the asset class, according to PEI’s half-year 2023 Investor Report.
The launch of the strategy, which is focused on secondaries and co-investments, follows a change in Swedish pension regulation allowing higher allocation to alternatives.
Deployment in PE halved year-on-year to $3bn in Q2 2023, while dry powder across strategies stood at $100bn, according to the firm's second-quarter earnings.
Government intentions and market expectations of the Mansion House reforms may not entirely be aligned.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: