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.
Trade disputes, bad debts in the financial system and a difficult exit environment for tech companies have affected investor appetite for China, according to EMPEA.
Chief executive Michael Hitchcock and chief investment officer Geoffrey Berg tell PEI how the pension's co-investment programme will drive performance and attract new GP relationships.
Firms including BlackRock, Allianz and Coller Capital revealed their approaches to the strategy at a conference in London.
PEI catches up with Alexandre Motte, head of co-investment at the French giant, to discuss the largest co-investment fund raised by any firm since 2015.
Capital raising, deal financing and talent retention will face more challenges, according to panellists at a private equity conference in London.
The $32bn pension plans to allocate as much as 20% of its private equity portfolio to growth and mid-market-focused GPs.
Melior Equity Partners, founded by Carlyle managing directors Jonathan Cosgrave and Peter Garvey, will begin raising capital early next year.
Goodhart Partners’ Michael Daley discusses opportunities for mid-market focused GP stakes players and LPs’ appetite for the strategy.
GPs eyeing potential capital from the fund of firms market are building out legal requisites to ensure such transactions could happen without LP consent.
The world’s 20 largest sovereign and public pension funds allocated 22% of their assets to alternatives and cash last year, according to Willis Towers Watson.