California State Teachers' Retirement System related stories
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Side Letter: Inside Arctos's GP financing fundDetails of Arctos Partners' new GP financing strategy. Plus: Vitruvian's latest buyout fund has exceeded the size of its predecessor and Carlyle has a new distribution head. Here's today's brief, for our valued subscribers only.
Side Letter: CalSTRS' cashflow crunchCalSTRS is rethinking its approach to liquidity management amid a cashflow crunch. Plus: Canada's AIMCo has picked Singapore for its Asia-Pacific outpost and Apollo has tapped CPPIB for its climate equity expansion. Here's today's brief, for our valued subscribers only.
Side Letter: Co-investment cost protectionAn explosion of GP-led secondaries is prompting LPs to ensure their no-fee co-investments won't become more expensive down the line. Plus: Why minority recapitalisations are in vogue; and how AI can improve GP operations. 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: Net zero tensions; Bonaccord's APAC advantage; Munich PEP's returnWhy net zero targets could be pushing investors to make decisions that are detrimental to decarbonisation. Plus: GP stakes firm Bonaccord is an early mover in Asia-Pacific; and Munich Private Equity Partners is launching its next fund of funds. Here’s today's brief, for our valued subscribers only.
Generation Investment Management raises $1.5bnThe London-based venture capital firm's fund will invest in the industrials sector.
Side Letter: Gensler's PE curtain-raiser; Investindustrial's new friends; Europe's record fundraisingA vote today on private fund reforms could set the tone for a far more significant overhaul down the line. Plus: Investindustrial has closed its third growth fund; and European fundraising defied macroeconomic uncertainty to break records last year. Here’s today's brief, for our valued subscribers only.
Side Letter: Ailman's PE conviction; USS's RI boss loss; KIAL's FoF pauseCalSTRS CIO Christopher Ailman remains bullish on private equity despite its flaws. Plus: An Indian GP has paused efforts to raise a fund of funds; and UK pension giant USS is saying goodbye to a pioneer of responsible investing. Here’s today's brief, for our valued subscribers only.
Side Letter: KKR's $8bn close; 5x continuation vindication; CalSTRS' two-pronged climate planKKR has closed its latest European flagship. Plus: How CalSTRS aims to deploy billions into climate investing; and the SEC is taking a closer look at third-party valuations. Here’s today's brief, for our valued subscribers only.
Side Letter: TA's fundraising pause; Apax's new look; KIC's Mumbai digsTA Associates is putting a fundraise on hold to focus on its flagship. Plus: the French Apax has changed its name; and sovereign wealth fund KIC is heading to India. Here’s today's brief, for our valued subscribers only.