Hannah Zhang

Orange County pension considers expanding PE team amid co-investment ramp-up

The $21bn California pension is preparing a more hands-on investment approach in private markets, including more co-investments, GP stakes and joint ventures.

US pensions back fund seeking $1.2bn to buy stakes in VC managers

Collective Global says it plans to invest in 15-20 venture managers in the US and Europe and has already agreed to acquire a stake in a "leading venture firm that invests in market-defining companies across technology and artificial intelligence."

Wafra adviser seeks up to $1.2bn for debut GP stakes fund – updated

Founding investors in Collective Global include the Orange County Employees Retirement System and the City of San Jose Retirement System.

Alaska Permanent debates use of high-risk leverage tools

CIO Marcus Frampton proposed adding a 25% leverage to the fund in a special board meeting on Monday.

Apollo's Rowan: Alts to benefit from growing family office appetite

Speaking on the firm's latest earnings call, chief executive Marc Rowan said the firm is expecting family offices to invest more than half of their assets in alternatives over the next half-decade.