California Public Employees' Retirement System related stories
All articles and analysis
Side Letter: 21.3 reasons to fee-l goodCalPERS' latest PE results underscore the likely pressure on managers to offer 'fee-advantaged' strategies. Plus: What L&G's GP stakes withdrawal tells us about the investor's priorities; and European stakeholders want merger guideline reform. Here's today's brief, for our valued subscribers only.
Side Letter: Swords and ploughsharesWhy GPs should stop worrying and learn to love defence. Plus: Future Fund's CIO is heading to the Middle East; and investors are increasingly hungry for small-cap CVs. Here's today's brief, for our valued subscribers only.
Side Letter: LACERA's performance painLACERA is taking measures to improve its private equity performance. Plus: StepStone says secondaries will help to normalise PE's distribution rate. Here's today's brief, for our valued subscribers only.
Side Letter: CalPERS' latest LP-ledCalPERS is shopping another multibillion portfolio less than a year after closing one. Plus: CVC discloses the expected launch date of its next flagship buyout fund. Here's today's brief, for our valued subscribers only.
KKR returns to market with latest APAC flagshipThe firm's last regional flagship – the 2021-vintage KKR Asian Fund IV – is the largest pan-Asian buyout fund to date.
India insight: 4 homegrown GPs you should knowWith LP interest on the rise, PEI profiles four of the country's most notable private equity managers.
Global Investor 150: This year’s top 10This year’s Global Investor 150 top 10 has a collective $976bn allocated to private equity.
Side Letter: Evergreen shock absorbersA Swiss private bank corroborates claims that individual investors weren't spooked by April's tariff turmoil. Plus: PSP Investments slashes its private equity allocation. Here's today's brief, for our valued subscribers only.
Side Letter: Ardian on geopoliticsArdian says Asian investors are keen to invest more in Europe as a result of the US tariffs. Plus: CalPERS' PE performance, and a €700 million debut fundraise. Here's today's brief, for our valued subscribers only.
ILPA chief exec: LPs keen to understand litigation risk under anti-DE&I pushThere are ripple effects for domestic and global investors under the new US administration's executive order, says Jennifer Choi, chief executive at the Institutional Limited Partners Association.