Los Angeles County Employees' Retirement Association related stories
All articles and analysis
Side Letter: Diversity index, Ares soccer plans, Carlyle on climate changeAn in-depth tour of one firm's approach to climate change and more details of Ares' plan for soccer domination: here's today's brief, for our valued subscribers only.
LACERA stays on course to meet its pacing commitment targetThe US pension backed a technology-focused PE fund in its latest round of commitments.
Side Letter: Should the PE people business turn into a numbers game?The relationship-driven aspect of private equity is under threat. Should we lament or celebrate this? Plus: Tenzing's thoughts on a successful remote fundraise, Advent and Blackstone's return to the office, Ambienta hires and Columbia's new boss. Here's today's brief, for our valued subscribers only.
Side Letter: Brookfield, Silver Lake and the 'flight to quality'Two big signs, courtesy of Silver Lake and Brookfield, of investors' flight to quality in times of crisis. Plus: more worrying signs about defaults courtesy of Moody's. 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.
LACERA mulls GP stakes opportunityVersus investing as an LP in PE funds, LACERA could benefit from regular and stable cashflows and the growth of GPs if it gets into the GP stakes market, according to a staff review in July.
Side Letter: Partners Group downgrade, EQT's second bite, CD&R's summer readGlobal lockdowns are prolonging some firms' fundraising efforts; rollover co-investments amid covid-19; inside a defined contribution PE product. Here's today's brief, for our valued subscribers only.
LACERA committee approves co-investment programme expansionThe US public pension plans to fill a hole in demand left by investors.
Side Letter: LPs feel the heat on ESG, KKR's insurance play, CD&R's biggest fundLPs are increasingly finding they must practise what they preach when it comes to good ESG, including potentially difficult conversations with their managers. Here's today's brief, for our valued subscribers only.
Side Letter: Which placement agents took PPP, CalPERS' leverage, Waterland IR headState aid has been mostly ruled out for PE firms in the US, but data show placement agents have benefited from loans. Here's today's brief, for our valued subscribers only.