California Public Employees' Retirement System related stories
All articles and analysis
Side Letter: Houston's reallocation; Ham Lane's BlackRock hire; PAG's sustainable loanHouston Firefighters is rethinking its approach to Asia-Pacific. Plus: Hamilton Lane has tapped BlackRock for its Southeast Asia business; and PAG has joined the sustainable finance party. Here's today's brief, for our valued subscribers only.
Side Letter: CalPERS' secondaries shake-up; US debt discourse; PE's token potentialCalPERS wants its staff to have more authority when it comes to secondaries sales. Plus: an update from the US private debt market and why private equity's foray into tokenisation may only just be getting started. Here's today's brief, for our valued subscribers only.
Side Letter: First-time fund database; Josh Harris's new firm; EQT's €2.4bnA new database lists first-time funds and the key things to know about them. Plus: Apollo co-founder Josh Harris has formally launched his firm; and EQT has beaten the target of its debut growth vehicle. Here's today's brief, for our valued subscribers only.
Side Letter: CalPERS' PE vindication; Nigel Dawn's GP-led must-havesCalPERS' decision to push deeper into the private markets looks to be vindicated following its underwhelming performance elsewhere in the portfolio. Plus: Evercore's Nigel Dawn shares his top tips for a successful continuation fund. Here's today's brief, for our valued subscribers only.
Side Letter: How PE's fundraising frenzy is affecting the industryTakeaways from our latest series, which explores the potential implications of private equity's frenetic fundraising scene for GPs and their investors. Plus: CalPERS has sold a multi-billion-dollar portfolio; and retail specialist Sycamore has lost one of its founding partners. Here's today's brief, for our valued subscribers only.
Global Investor 100: A perfect 10The top firms on this year’s Global Investor 100 increased their private equity allocation by more than 53%, collectively holding $636.1bn in PE assets.
Kaiser Permanente makes dramatic entrance to the GI 100PEI’s LP of the year in North America also triumphs in the GI 100, suggesting this relative newcomer to the industry is here to stay.
How firms can distinguish themselves in a crowded fundraising marketWith so many funds in market chasing ever-heightening targets, GPs cannot rely solely on their returns track record to secure LP commitments.
Side Letter: Japan's LP evolution; PE fundraising flexibility; Hahn's $3bn plansJapan's increasing comfort with secondaries and ESG-related investing suggests the LP landscape is maturing, in spite of a talent crunch. Plus: How GPs can adapt to a more challenging fundraising environment; and Korea's Hahn & Co is eyeing more than $3 billion for its next fund. Here's today's brief, for our valued subscribers only.
Future 40 Leaders – 2022: Investors40 under 40: Future Leaders of Private Equity. Meet the investors who stood out for their leadership, innovation and skill.