Justin Mitchell

Rhode Island consolidates private equity and private credit

Staff said the change would allow the system to be more selective about its opportunistic private debt investments.

LACERS board member calls out ‘underperforming’ private equity

Sung Won Sohn made his comments during a discussion about potentially upping the $21.4bn pension's PE allocation.

Hellman & Friedman caps Fund X at $22bn amid strong demand

The fund is targeting $20bn and has seen keen interest from LPs.

CalSTRS adopts ambitious $150m sustainable PE programme

The $286bn pension will source private equity co-investments through its already-existing programme.

CalPERS makes big PE pivot to co-investments and separate accounts

The $445bn pension's commitments to the lower-fee structures significantly dwarfed its fund commitments in its latest investment report.

Genstar's large buyouts performance catches LP's eye for Fund X

Nebraska Investment Council staff said the firm's last two funds have outpaced the rest of its holdings in that sub-asset class.

PA Schools ups private equity, private credit co-investment limits

The move comes soon after the $58.8bn pension reduced its overall private equity allocation.

CalSTRS co-investments outpace fund investments in last half of 2020

California's second-biggest public pension has been growing its co-investment programme steadily for several years as part of its system-wide 'Collaborative Model.'

Texas Municipal uses 'chunky' special relationships to power PE build-out

The $33.7bn pension recently doubled its PE target and is using two big commitments to HIG and HarbourVest to smooth its path towards getting there.

LPs step up the pressure for GPs to make real progress in diversity

Feel-good corporate slogans and good intentions are no longer cutting it when it comes to diversity and inclusion in the world of private equity. LPs are pressuring GPs to effect change.