California Public Employees' Retirement System related stories
All articles and analysis
CalPERS approves $1.88bn in commitmentsThe US public pension has backed four diversified buyout funds across multiple regions.
WCAS raises $4.3bnThe New York-based investment firm held a final closing of its thirteenth healthcare technology fund.
Apollo LPs raise concerns over Leon Black’s relationship with Jeffrey EpsteinThe private equity firm has not been proactive in reaching out to LPs but has sought to assuage concerns when contacted, sources said.
Side Letter: H1 fundraising falls, CalPERS PE returns halve, Warburg departureFinding it difficult to raise capital these days? Our H1 fundraising numbers suggest you're not alone, with final closes at a four-year low. Here’s today's brief, for our valued subscribers only.
CalPERS’ private equity returns fall by 50% in fiscal 2019The asset class was still the second highest return generator, and the pension system is expanding its programme to help achieve a 7% actuarial rate of return.
Side Letter: HarbourVest's Bacon departs, Ham Lane exec's assault charges, hurdle rate conundrumHarbourVest fund investing head departs; Hamilton Lane's 'Taz' Katira resigns ahead of guilty plea; and why hurdle rates need a rethink. Here’s today's brief, for our valued subscribers only.
Palladium Equity Partners raises $1.56bnThe New York-based private equity firm held a final closing of its fifth buyout fund.
Deep Insight: Is co-investment the answer?Heralded as an ‘unofficial fee break’ and an ‘alpha generator’, co-investment is seen by many as the way to get the best out of private markets. Are LPs taking on more risk than they realise?
- Co-investment: Is it the answer?
Heralded as an ‘unofficial fee break’ and an ‘alpha generator’, co-investment is seen by many as the answer to getting the best out of private markets. But are LPs taking on more risk than they realise – and is it really worth it?
Backstop Solutions: Data's hidden treasuresData management does more than lighten a firm’s workload. Backstop Solutions’ Adam Pinkert and Chris Anderson discuss how the right strategy can uncover hidden insights for a competitive advantage