Massachusetts Pension Reserves Investment Management Board related stories
All articles and analysis
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.
Side Letter: KKR on quartiles, German LBO explosion, distressed debt distressIn 2005 a German politician referred to private equity buyers as locusts. Today those 'locusts' are driving an 'extremely strong' buyout market in the country. Here’s today's brief, for our valued subscribers only.
MassPRIM continues to enjoy healthy VC fund performanceSpark, Union Square and Flagship lead the way for returns.