Los Angeles County Employees' Retirement Association related stories
All articles and analysis
NPS shows LPs are keen not to miss the boat on continuation fundsInstitutional investors can no longer ignore the fact that exposure to high-quality assets is increasingly accessed via the secondaries market.
Korea’s $793bn NPS forms dedicated continuation fund, GP stakes teamsThe country’s largest public pension will pursue both private equity and private credit continuation fund opportunities, investment policy committee member Sam Y Chung tells PEI.
Side Letter: Carry tax increase?UK voters could find out more details about proposals to tax carried interest at the higher rate this week. Plus: Summit Partners' $9bn target; and promising signs for wealth and HNWI capital. Here's today's brief, for our valued subscribers only.
Side Letter: CVC's deployment driveCVC is deploying and realising capital at a rapid clip. Plus: HKMA's monumental private equity portfolio just got a little larger; and why dealmakers have cause for optimism. Here's today's brief, for our valued subscribers only.
LACERA approves $100m commitmentThe US-based pension fund commits $100m to Integral Fund V.
Side Letter: A decade of secondariesOur colleagues at Secondaries Investor celebrate their 10-year anniversary with an exploration of the market's driving forces. Plus: LACERA is the latest to offload a hefty private equity portfolio. Here's today's brief, for our valued subscribers only.
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: 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.
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: UK's PE performanceFresh data from the UK's industry body on PE's outperformance. Plus: another GP stakes fund has reached final close and a Maine pension has joined the ranks of LPs seeking to participate in continuation vehicles. Here's today's brief, for our valued subscribers only.