Justin Mitchell

General Catalyst's Chenault urges LACERS board to push hard on diversity

The ex-CEO of American Express also called the idea that diversity means giving up investment performance a 'cop-out.'

Yale’s David Swensen leaves powerful legacy

Swensen had run the $31bn Yale endowment's investments since 1985, and was a pioneer of the the 'Yale model' that focused heavily on alternative investments, including private equity.

Yale’s David Swensen leaves powerful legacy behind in venture

Swensen, who died Wednesday at 67, was a pioneer of the the 'Yale model' for public investment portfolios that focused heavily on VC and other alternatives.

MassPRIM moves to adopt ‘implementation benchmark’ for PE programme

Staff has discussed a 'benchmarking anomaly' that wreaked havoc with its reported returns during the height of the covid market chaos last year.

Washington commits $2bn to co-invest alongside existing managers

The $128bn pension system committed to its fifth vehicle with co-investment specialist Fisher Lynch Capital.

Virtual AGMs likely here to stay: survey

Public relations firm Prosek Partners found most respondents planned to make virtual meetings a permanent part of their operations.

Florida saw $600m distributions windfall at year's end

Staff told the $183bn pension's board that its portfolio's concentration in technology investments contributed to an outperformance of its benchmark.

Florida sees quick returns from most recent in-state investments

Florida's in-state program is split between two different managers and several different tranches dating back to 2009.

Deutsche Bank spin-out Glendower targets $3.5bn for fifth secondaries fund

The fund will be Glendower's second since becoming an independent firm in 2017.

New Jersey targets $1.5bn in private equity commitments in 2021

The $85bn pension plans to gradually raise the commitment levels over the next seven years as it seeks to meet its 13% target for the asset class.