Los Angeles Fire & Police Pension System related stories
All articles and analysis
Side Letter: Timing the debt marketWhat one investor’s thoughts about private debt might say about the wider appetite for private equity. Plus: LAFPP is doubling down on the asset class; and investors are anticipating a wave of distress in the UK. Here's today's brief, for our valued subscribers only.
LAFPP to commit $800m to private equity in 2024The US pension fund aims to split this commitment between their current sub-strategy targets.
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: Secondaries' buyout bonanzaBuyout firms want a slice of the secondaries pie. Plus: Korea's sovereign wealth fund has jumped on the Indian private markets hype; and HKMA's gargantuan private equity portfolio just got a little larger. Here's today's brief, for our valued subscribers only.
Side Letter: Apollo's fee cutApollo has reduced fees on a private equity fund extension following pushback from LPs. Plus: Ardian is seeking more time to raise its latest megafund; and a start-up is hoping to connect US GPs with a broader range of sub line providers. Here's today's brief, for our valued subscribers only.
LAFPP reveals seven PE commitmentsThe LA Fire & Police Pension System committed $75m to Clearlake's eighth flagship fund.
Side Letter: PE's senior shake-upsA host of notable players have seen alterations to their senior leadership composition in recent weeks. Plus: An exclusive look at Evercore's latest State of the Market report. Here's today's brief, for our valued subscribers only.
Side Letter: PE newcomersHappy New Year! Side Letter is kicking off 2024 with a list of interesting emerging managers, a profile of Texas Municipal's new PE-loving CIO, and deployment data from sovereign investors. Here's today's brief, for our valued subscribers only.
Side Letter: PE-ople movesResearch seen by Side Letter shows private equity are firms ramping up their hiring processes. Plus: PJT Park Hill has tapped Jefferies for a senior secondaries hire; and Chinese private equity is facing yet more pushback from the US. Here's today's brief, for our valued subscribers only.
Side Letter: Carlyle's fundraising shortfallCarlyle's latest flagship has fallen well short of its target. Plus: why secondaries are taking off in China; and the NAV lending space gets another entrant. Here's today's brief, for our valued subscribers only.