California State Teachers' Retirement System

The US's second-largest public pension is streamlining its approach to secondaries deals. Plus: why fundless sponsors could be on the rise; and some fund close news. Here's today's brief, for our valued subscribers only.

Senior executives from some of private equity’s biggest LPs including CalSTRS, Texas Teachers and QIC tell PEI what’s on their summer reading lists this year.

CalSTRS' incoming CIO will likely have fee reductions in mind in his new role. Plus: market predictions; decarbonisation; and a new impact fund. Here's today's brief, for our valued subscribers only.

The California pension has been monitoring GPs’ efforts to reduce carbon emission through an annual survey and a colour-coded system to categorise private equity-owned assets.

At the NEXUS 2024 event, private markets leaders discussed how private equity is evolving. Key topics included adapting to macroeconomic pressures, finding new capital sources and exploring AI's impact.

The CIO of the second-largest pension in the US offered his thoughts at NEXUS 2024 on the benefits and harm that generative artificial intelligence could do to investment teams.

Diverse backgrounds can help avoid 'groupthink' among fund managers, says the Californian pension system's outgoing CIO.

Christopher Ailman, one of the longest serving public CIOs in the US, has been instrumental in growing the pension’s private markets portfolio and continues to shine a light on sustainability and ESG.

Between them, the 10 largest investors on this year’s Global Investor 150 ranking have $1.1trn allocated to private equity, with an average allocation of 21%.

The firm’s 15th flagship vehicle targets mid-market buyout opportunities primarily in North America, according to documents prepared for a recent LP meeting.

In today's edition, EQT's Coller acquisition overshadowed a record year for exits; Where LPs are placing their bets in Asia-Pacific; A prominent European LP departs after more than two decades.

The founder of placement agent Triago and private markets veteran shares his latest fictional (or not?) outlook for the year ahead.

NYC's (now) former CIO issues a scathing response to the ongoing 'democratisation' of private markets. Plus: AI disruption risk is leading to broken auctions and Hong Kong's wealth community is hungry for alts. Here's today's brief, for our valued subscribers only.

The US-based sovereign wealth fund continues to build out its private equity portfolio with commitments across growth equity, biotech venture and local infrastructure strategies.

Temasek is overhauling its investment structure in response to a changing world. Plus: A Blackstone fundraising update; and hope on the horizon for China's exit market. Here's today's brief, for our valued subscribers only.

Another US endowment is proving that federal funding pressures don't have to result in private equity allocation cuts. Plus: Malaysia's sovereign wealth fund learns its lesson from an unfortunate venture investment. Here's today's brief, for our valued subscribers only.