Los Angeles City Employees' Retirement System related stories
All articles and analysis
Side Letter: Bonus bluesPrivate equity bonuses took a hit last year. Plus: what Schroders Capital is seeking in the mid-market; and what you need to know about ESG regulation. Here's today's brief, for our valued subscribers only.
Side Letter: Kaiser Permanente's PE rebalancingKaiser Permanente is (once again) the latest LP giant to shop a hefty private equity portfolio. Plus: Hong Kong investment firm Sun Hung Kai & Co says its China portfolio was impacted by "weak sentiment" and impact firms can't agree on a definition. Here's today's brief, for our valued subscribers only.
Side Letter: Cathay Life's $1.2bn saleA Taiwan life insurer is selling a $1.2 billion portfolio ahead of regulatory changes. Plus: what the SEC's new ESG rule could mean for private markets; and Inflexion raises a hefty minority fund. Here's today's brief, for our valued subscribers only.
LACERS approves fresh PE commitmentsThe US pension fund has announced $235m in private equity commitments.
Side Letter: An unhealthy relationship?Private equity's activity in the healthcare space is coming under scrutiny amid claims that buyouts can do more harm than good. Plus: how to reform Australia's private equity market; and why insurers are looking at Indonesia. Here's today's brief, for our valued subscribers only.
Side Letter: Continuation fund performanceContinuation funds can deliver a higher MOIC and stronger risk-adjusted returns than buyout funds, according to research by Morgan Stanley. Plus: UK mid-market firm Epiris has held the final close on its third flagship; and wealth management fundraising remains an area of focus for Ares. Here's today's brief, for our valued subscribers only.
Side Letter: 3.5x reasons to continueUK financial sector investor AnaCap has benefited from a continuation fund in more ways than one. Plus: European family offices are hungry for private equity; and LACERA reckons the climate crisis could impact its portfolio returns. Here's today's brief, for our valued subscribers only.
Side Letter: UK's Aussie inflowsTwo Aussie heavyweights are planning to deploy billions into UK private markets. Plus: PEI Group's Women in Private Markets Summit starts tomorrow; and LACERS has shelved its secondaries sale. Here's today's brief, for our valued subscribers only.
Side Letter: EQT's AUM aspirations – updatedEQT believes wealth products could account for half of its future AUM. Plus: BC Partners has another senior departure; and why the FBI wants to hear from you. Here's today's brief, for our valued subscribers only.
LACERS outlines 2024 PE pacing planThe public pension fund is targeting up to $850m in private equity commitments for 2024.