Los Angeles City Employees' Retirement System related stories
All articles and analysis
Side Letter: Giant Australian PE portfolio sale, Dyal fundraising, how to write a pitch deckMore detail on Aussie Future Fund's multi-billion PE portfolio sale. Plus: Dyal's fundraising prowess; Archimed's US expansion; ILPA gets out to vote; and how to write a pitch deck. Here's today's brief, for our valued subscribers only.
Side Letter: What we know about Ben Meng's departure from CalPERSWe're all about CalPERS today. The world's eighth biggest private equity investor is dealing with the hasty departure of CIO Ben Meng. As details trickle out about the reasons why Meng left, the plan to push the giant pension further into private assets is being overshadowed. Here's today's brief, for our valued subscribers only.
Side Letter: Blackstone valuations, CPPIB's sustainability shift, deceptive dataCPPIB, the biggest private equity investor in the world according to our Global Investor 100, is going further on ESG. It won't be the only institution doing so, says a bfinance survey. Plus more on a topic as old as PE itself: problems with performance calculation.
Side Letter: Megafunds boost H1 fundraising, dislocation Deep Dive, summer readsOur first-half fundraising figures are out and they don't disappoint. Plus Blackstone's life science close and recommended reading for your summer vay-cay. Here's today's brief, for our valued subscribers only.
Side Letter: Bears in a China shop, Phalippou's exit, Howard Marks on riskLudovic Phalippou has ploughed a pretty lonely furrow in the world of PE-related academia. Do you love him or loathe him? Here's today's brief, for our valued subscribers only.
Side Letter: L Catterton's exodus, Hillhouse returns, Ethos's covid-19 fundHow LPs passed a signicant change to an L Catterton key person clause. Plus: Hillhouse's $13 billion fundraise and Ethos's covid-19 rescue fund. Here's today's brief, for our valued subscribers only.
Side Letter: TPG on society's ills, Vanguard's long game, Danish pension scrutinyTPG's leadership speaks up about the issues behind a week of civil unrest in the US. Plus: how Vanguard's PE plans are progressing and why Denmark's pensions are facing scrutiny over their illiquids. Here’s today's brief, for our valued subscribers only.
LACERS approves $147.4m in commitmentsThe US public pension has backed five funds across diversified sectors.
Sideletter: LACERS on liquidity; emotions in PE; 44x for ArchiMedHow does it feel to work in PE? Joyous and stressful. Plus: a supercharged healthcare exit in the mid-market and LACERS on the steep rise in capital calls. Here’s today's brief, for our valued subscribers only.
LACERS has steep hike in capital callsThe US pension's chief investment officer said the $17bn fund had enough cash on hand to handle the increased drawdowns.