California Public Employees' Retirement System related stories
All articles and analysis
Side Letter: EQT's next CEOEQT is eyeing new strategy launches and distribution channels after naming a successor to Christian Sinding. Plus: Astorg scraps its GP-led entry; and a fundraising record is broken in the Baltics. Here's today's brief, for our valued subscribers only.
LPs shift to the mid-market: Story of the YearPension funds, endowments and asset managers are being drawn to the mid-market's flexibility and wide range of exit options.
Co-investments prove a fundraising clincher: Story of the YearThe strategy has played a critical role in LP-GP negotiations this year.
CalPERS' PE head on recapturing the pension's lost decadeAnton Orlich, managing investment director for private equity at the California Public Employees’ Retirement System, has set in motion a major structural shift at the US’s largest public pension.
Download the December 2024/January 2025 issue of Private Equity InternationalInside: CalPERS’ Anton Orlich on private equity and the pension’s lost decade; How the UK found a carried interest compromise; Why implementing ILPA’s proposed reporting template won’t be easy; Plus much more…
LPs take a cautious approach to AILPs are showing greater hesitancy when it comes to adopting AI compared with GPs, with a desire on seeing the technology’s use cases before jumping on board.
Side Letter: LP co-invest restrictionsCFOs say GPs should be thinking about their co-investors' needs and restrictions when it comes to post-deal leverage. Plus: EQT's APAC unit is seeking up to $14.5 billion for its next flagship; and Apollo has set up shop in Seoul. Here's today's brief, for our valued subscribers only.
CalPERS’ next decade could hinge on its co-investment programmeThe US’s largest public pension is right to want to better align itself with managers to access the highest-quality assets.
Side Letter: The importance of GP disciplineThe UK's £76 billion Universities Superannuation Scheme is eyeing smaller opportunities as it prioritises managers that can remain disciplined. Plus: LGT Capital Partners reckons this is the first decade in which private equity won't grow; and Rede looks to the Middle East. Here's today's brief, for our valued subscribers only.
Tech specialist Veritas seeks at least $13bn for latest flagshipThe firm’s 2016-vintage Fund VI was producing a 2.03x DPI as of December 2023, according to PEI Group data.