Katrina Lau
Some investors have been 'housing capital' in evergreens before redeeming to fund a Hamilton Lane SMA, co-chief Erik Hirsch said on a Tuesday earnings call.
The firm has seen at least nine senior departures since the start of 2023, including four partners in the last 12 months.
The manufacturing and industrials specialist revealed its intention to open its first Asia outpost in Tokyo last month, with Takajiro 'Tak' Ishikawa leading investments in the region.
The firm has so far explored opportunities in Japan and India, head of Asia-Pacific Stuart Wrigley tells PEI.
The institution aims to increase its allocations to AI-focused investments, private credit and core-plus infrastructure assets by March 2031.
The $1.8trn pension saw its PE portfolio grow by around $1.4bn year-on-year, per its latest annual report.
China’s private equity reset could yield a more disciplined opportunity set for LPs who retain conviction in the market.
Even amid market turbulence and fears over returns, the LPs on the 2026 Global Investor 150 ranking show strong conviction in the asset class.
M&A transactions may see a short-term boost this year ahead of tax changes in 2027.
Private equity is expected to continue serving an important role in the overall portfolio of the pension, which is switching to a total portfolio approach in July.











