Hannah Zhang

MassPRIM targets smaller buyouts amid PE underperformance

The system’s limited exposure to AI-related sectors has weighed on its PE returns, according to PE director Michael McGirr.

Blackstone explores broader push into US retirement market

Incorporating private markets into target-date funds and managed accounts can 'make a tonne of sense' given their benefits coupled with DC plans’ long investment horizons and historically lower redemption rates, the firm’s global head of retirement solutions tells PEI.

TJC eyes November final close for seventh flagship

The hard-cap of the firm formerly known as The Jordan Company's Resolute Fund VII is $2bn larger than its target.

StepStone’s VC secondaries fund tops $1bn as LP interest grows

Ohio's $23.4bn public school employees' pension is the latest LP to invest in the fund, committing $50m.

PE benchmarking is due for an upgrade

The wide range of methods used by the world's largest LPs shows the industry has yet to reach a consensus on how performance should be measured.

How the top LPs benchmark their PE investments – updated

PEI analysis exposes the immense variety in benchmarking approaches from 20 of private equity's largest investors.

'Self-liquidating' helps Arctos make a $6.2bn GP financing debut

The Keystone strategy is expected to remain relevant across fundraising cycles, managing partner Ian Charles and partner Charlie Tingue tell PEI.

BCI seeks ‘good returns’ from newly launched capital solutions strategy

While more LPs are participating directly in CVs and secondaries transactions, such investors remain 'the exception, not the norm' in the market, according to BCI’s global head of PE.

Most LPs don’t expect CV activity to decline when exits improve

Around 40% of LPs expect continuation vehicle activity to continue growing, with a number opting to take a more concentrated approach to this corner of the market, according to Coller Capital's latest Barometer report.

Top performing CVs continue to show outperformance over buyout funds

Evercore and HEC Paris's fifth CV performance study includes 396 CVs formed between 2018 and 2024, a significant increase on the 140 funds analyzed in the inaugural report.