Massachusetts Pension Reserves Investment Management Board related stories
All articles and analysis
MassPRIM sets out 2020 PE plansThe US public pension will commit up to $2.3 billion to the asset class in the coming year.
Side Letter: Temasek in America, Blackstone and Apollo's holy grail, PEI's Global Investor 100Temasek's Americas head has given us a rare walk-through of how the giant government-owned fund plans to play a meaningful part in the world's biggest PE market. Plus: Apollo and Blackstone's permanent capital, liquidity in German VC, Stirling Square's long haul and more. Here’s today's brief, for our valued subscribers only.
Side Letter: APG's co-investment play, Temasek unit's debut fund, Neuberger on big dataVoters head to the polls today in the UK's crucial Brexit election. Will British PE face months of more uncertainty and a hung parliament? We'll know soon enough. In the meantime, here’s today's brief, for our valued subscribers only.
MassPRIM: ‘Co-investment is a great tool’Co-investments have given the pension plan a greater insight into its GPs, although finding suitable opportunities is ‘threading a narrow needle’, said director of private equity Michael Bailey.
Side Letter: TA Associates' heirloom, CalPERS gears up, 3i's 31.3x returnGP interest firms are lining up to buy stakes in other managers, but for some PE firms, selling a stake is akin to selling the family jewels. Here’s today's brief, for our valued subscribers only.
Mass PRIM approves $175m in commitmentsThe US public pension has backed two growth equity vehicles.
Side Letter: October's biggest funds, tech investing key trends, Eurazeo earningsTech fundraising continues apace with around $50 billion raised in the first nine months of this year – a 47 percent rise on the whole of 2018. As we detail in our tech special this week, the industry is a broader, deeper market than it has ever been. Here’s today's brief, for our valued subscribers only.
Which firms raised the largest funds in October?The 10 largest funds raised in October gathered more than $53bn between them, roughly $7bn more than their combined fundraising target.
Side Letter: Brexit bogeyman, Blackstone tech hire, CDC's secretHappy Halloween – a day of warding off ghosts and apparently, the UK's exit from the EU too. More on Brexit's impact on UK PE below in today's brief, for our valued subscribers only.
Mass PRIM approves $115m in commitmentsThe US public pension has backed two special situations-focused private equity vehicles.