Hannah Zhang

For GPs seeking to access retirement capital, key challenges will include setting up the right fee structures and balancing their retail and institutional LP bases.

While some LPs are taking a wait-and-see approach to GP stakes investments, others remain bullish, expecting an improving fundraising environment to bolster the strategy’s outlook.

'Limited partner distributions are definitely constraining new commitments to subsequent funds,' says private equity director Michael McGirr.

Some GPs view continuation vehicles as 'temporary measures', according to the financial services firm.

Financial advisers must decide what’s best for their clients, rather than choosing between public markets and so-called alternatives, according to the asset manager's chief executive.

The litigious and fee-sensitive nature of the DC market will make it slow to adopt private market investments, says the firm's president and CEO Jenny Johnson.

The $44bn pension's Amol Deshpande discusses its PE allocation plan and the types of secondaries opportunities it expects to pursue.

The pension is launching a private market investment programme targeting co-underwrites, syndicated co-investments, secondaries and growth capital investments.

Private equity funds took an average of 17 months to hold their final close in the first three quarters of this year, marking a slight shortening on last year.

'We tend to like single-asset continuation vehicles if the story is right [and] if it’s with a sponsor that we think is the right owner for that asset going forward,' according to deputy CIO Allen Waldrop.