California Public Employees' Retirement System related stories
All articles and analysis
Side Letter: Tikehau on remote DD, Denominator II, CalPERS' portfolio painThe global experiment in PE investing from home is underway. Institutions are wrestling with asset allocation targets. Managers are thinking about fundraising schedules. Here’s today's brief, for our valued subscribers only.
Side Letter: Covid-19 updates, Aussie super mergers, LP relations in a crisisAustralian pension funds are merging for the sake of scale; what are the implications for managers? Also: here are the questions we want to answer in the coming days and weeks. Here’s today's brief, for our valued subscribers only.
How CPPIB, MassPRIM and CalPERS approach co-investingHere’s how three limited partners are incorporating the strategy into their portfolios.
Side Letter: PAI's sweet secondaries deal, Partners Group sued, fundraising warsLet's dig deep into a jumbo ice cream deal. Also, Partners Group is accused of breaching an NDA, and has the heat come out of the private debt market? Here’s today's brief, for our valued subscribers only.
Side Letter: Life after Abraaj, Eurazeo's credit line, CDPQ people moveVisit PEI later for a fundraising market update. Spoiler alert: it contains the phrase "post-crisis high"... again. In the meantime we catch up with a former Abraaj regional chief, reflect on the growing link between ESG and cost of capital and add some new funds to the private equity Hall of Fame. Here’s today's brief, for our valued subscribers only.
A year in Friday lettersA look back at the highlights from Private Equity International’s Friday Letters this year reveals an industry grappling with scandals, its role in the economy and the question of real alignment.
CalPERS board approves changes to private equity policyThe pension's PE consultant says the changes will give it 'expanded' options for partners.
Side Letter: Apax aims for Q1 close; UK election; GIP's $22bn for infraApax Partners aims for Q1 close; post-UK election thoughts; GIP raises $22bn for infra. Here’s today's brief, for our valued subscribers only.
CalPERS approves $1.15bn in commitmentsThe Sacramento pension has backed three North America-focused buyout funds.
Co-investments continue to be hotInstitutional investors are changing policy and hiring more internal talent to increase their co-investments.