Private Equity
2020 was a volatile year for the system, with the sudden resignation of the fund's CIO and antagonism between staff and the board -- an environment that shed little light on the future direction for the pension's private equity program.
4 min read · 30 December 2020
The firm closed its first fund in June on about $465m, and plans to raise Fund II through the end of next year.
2 min read · 21 December 2020
The $116.4bn pension could get the actual allocation up to 11pct by the end of 2021.
2 min read · 18 December 2020
Buyouts' annual study surveying 100 LPs revealed strong confidence in their private equity portfolios and an overwhelming majority planning to either maintain or increase their PE allocations.
3 min read · 16 December 2020
The $60bn pension's private equity advisor, StepStone Group, is the lead investor on the deal, which includes health care company Confluent Medical Technologies.
2 min read · 15 December 2020
The $60bn pension has faced pressure from a labor union over PAI's handling of labor issues at a portfolio company rocked by the covid pandemic.
4 min read · 14 December 2020
Balance Point will focus its latest fund on business and information technology services, healthcare and e-commerce companies.
2 min read · 11 December 2020
The $53.5bn pension would like to find a way to better measure the full workforces of potential investment managers, among other concerns.
3 min read · 10 December 2020
The $60bn pension has worked with the team previously when they were a part of Greenhill, and staff wants to maintain that relationship.
2 min read · 09 December 2020
LPs overwhelmingly see secondaries as a valuable tool to re-focus their private equity portfolios and generate liquidity.
2 min read · 07 December 2020
