Maine Public Employees Retirement System related stories
All articles and analysis
LPs must favour rifles over muskets in 2026Returns compression and a wider gulf between top- and bottom-decile funds could prompt LPs to become more selective in the year ahead.
Side Letter: More bang; less buck?Side Letter's 2025 quizmasters revealed; could a volatile start to 2026 hint at another shaky year for private equity activity?; Korea's sovereign wealth fund spies opportunity overseas.
LPs cool slightly on emerging managersAmid a muted exit environment, fewer investors are looking to back new funds, as the focus stays on more established GPs.
OTPP: GPs should consider ‘early wins’ to deliver liquidityFund managers ‘don’t need to wait for the perfect, full potential exit,’ senior managing director Cindy Yan tells PEI.
Side Letter: Snow ploughs neededLP patience over a lack of distributions appears to be wearing thin; why CVs could hurt primary fund returns; Eurazeo plants a flag in Scandinavia.
Side Letter: 'It ends badly'NYC's (now) former CIO issues a scathing response to the ongoing 'democratisation' of private markets. Plus: AI disruption risk is leading to broken auctions and Hong Kong's wealth community is hungry for alts. Here's today's brief, for our valued subscribers only.
Side Letter: 'Naive' alts allocationsGIC and JPMAM propose a radical new approach to alternatives portfolio construction. Plus: Brookfield is back with its next flagship; and an Asian pension giant wants more secondaries exposure. Here's today's brief, for our valued subscribers only.
Side Letter: IPEM talking pointsDispatches from IPEM in Paris last week. Plus: a UK foundation is losing its private markets director; and secondaries continues to gain ground among family offices. Here's today's brief, for our valued subscribers only.
Side Letter: 'Dumb money'A potential influx of 'dumb money' has ruffled feathers among some existing LPs. Plus: A look at how tariffs disrupted H1 investment values; and a $43 billion pension is doubling down on private equity. Here's today's brief, for our valued subscribers only.