Los Angeles City Employees' Retirement System related stories
All articles and analysis
Side Letter: Hard-cap hassle; GPIF's PE commitments; Astorg's continuation implicationsLPs are urging GPs to be more conservative with their fund targets. Plus: Japan's GPIF is making direct private equity commitments for the first time and Astorg gets in on secondaries. Here’s today's brief, for our valued subscribers only.
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: CalPERS customises capital; LPs' liquidity platform; Blackstone's MD lossCalPERS is increasingly keen on customisation within private equity. Plus: A new platform aims to tackle a comparatively underserved segment of the LP interest market; and a Blackstone MD has left the firm. Here’s today's brief, for our valued subscribers only.
LACERS reveals new PE commitmentsThe US public pension has backed a number of private equity funds.
Side Letter: PE's LP-GP disconnect; Gombault's generational opportunity; SEC's insider trading examsLPs and GPs don't have a full grasp of what makes the other party tick. Plus: why secondaries is facing a once-in-a-lifetime buying opportunity and European deal statistics for the first quarter. Here’s today's brief, for our valued subscribers only.
Side Letter: KKR's 'fortunate' flagship timing; BVCA's diversity data; Goldman's family office figuresKKR is expecting capital formation to slow in the near term. Plus: BVCA data shines a light on UK private equity's diversity efforts; and two-fifths of family offices want more exposure to PE. Here’s today's brief, for our valued subscribers only.
Side Letter: Thoma Bravo's timing; PE's job creation credentials; Korea's VC supportThoma Bravo's apparent eagerness to hit the fundraising trail could prove advantageous at a time when the process is slower-going. Plus: Invest Europe shines a light on PE's job creation credentials; and Korea's government wants to back domestic VCs. Here’s today's brief, for our valued subscribers only.
Side Letter: NYC's divestment drive; ex-Mercury exec joins DC; Bain's healthcare reportWelcome back! We trust you enjoyed a restful break. In today's brief, two New York pensions have taken significant action in decarbonising their portfolios. Plus: Bain & Co's annual check-up for private equity healthcare investing. For our valued subscribers only.
Side Letter: Rede's impact whitepaper; Barclays' Moonfare hire; L Catterton's GP stake saleA sneak preview of Rede's latest LP survey. Plus: Barclays Private Bank has tapped Moonfare for its private markets team and L Catterton has parted with a GP stake. Here’s today's brief, for our valued subscribers only.
Side Letter: SVB's PE implications; PE's best mid-market GPs; ESG backlash enters 10-KsSilicon Valley Bank's collapse may exacerbate PE's subscription credit line supply gap and spark buying opportunities. Plus: a look at the top mid-market performers; and GPs believe the ESG backlash has the potential to hinder fundraising. Here’s today's brief, for our valued subscribers only.