California Public Employees' Retirement System related stories
All articles and analysis
Side Letter: PE-ople movesResearch seen by Side Letter shows private equity are firms ramping up their hiring processes. Plus: PJT Park Hill has tapped Jefferies for a senior secondaries hire; and Chinese private equity is facing yet more pushback from the US. Here's today's brief, for our valued subscribers only.
PODCAST: Unlocking the power of stakeholder-driven exitsThe fifth and final episode of Disruption Matters season two delves into the ways PE firms can ensure they're creating value for all stakeholders.
Made to measure: how LPs are using SMAs to fine tune their portfoliosThe additional control afforded by separately managed accounts could prove valuable at a time when LP cashflows are facing a strain.
Side Letter: APAC separation anxietyAnother firm is spinning out its China business in an increasingly uncertain regulatory landscape. Plus: New York pensions are hungry for more PE; and CalPERS is making the most of its enhanced staff powers. Here's today's brief, for our valued subscribers only.
Side Letter: PE's ethical quandaryA debate over Saudi Arabia's exposure to US companies presents a compelling mental exercise relating to LP relationships. Plus: CPP Investments looks inland for more PE. Here's today's brief, for our valued subscribers only.
Directs, SMAs drive CalPERS’ PE performance as of end-JuneCustomised investment accounts made up more than one-fifth of the pension’s $59.7bn PE portfolio.
Side Letter: CDPQ's partial PE sale; CalPERS' mixed bag; APAC's deal insurance driveIn a cash-strapped market, Canada's CDPQ is attempting partial sales of its PE portfolio to generate liquidity. Plus: CalPERS posted a return last year despite losses in PE and real estate; and why APAC buyers are pushing for insurance coverage. Here's today's brief, for our valued subscribers only.
Global Investor 100: This year's top 10This year’s leading LPs collectively hold $803bn in private equity assets, with an average allocation of 20%.
Side Letter: PE in a warzone; CalPERS' co-invest update; Tenzing's ascentUkraine-focused Horizon Capital joined us for a moving PEI Presents discussion. Plus: the US's largest pension on co-investing and the tech investor Tenzing is approaching the summit of its third fund. Here’s today's brief, for our valued subscribers only.
Side Letter: PE's AI-mplications; IMM's 3.5x exit; MacDonell's London moveConsultancy AlixPartners unwraps the ways in which private equity could be transformed by generative AI. Plus: LP veteran Allen MacDonell has joined a hefty UK institution; and Korea's IMM Private Equity has notched up a strong exit while fundraising. Here’s today's brief, for our valued subscribers only.