Massachusetts Pension Reserves Investment Management Board related stories
All articles and analysis
Side Letter: Clearing the cap tableThe world of venture capital is colliding with secondaries to tackle a dearth of liquidity, according to a new white paper. Plus: Carlyle raises $12.4 billion in a single quarter; and MassPRIM is piling back into VC. Here's today's brief, for our valued subscribers only.
Side Letter: ILPA's NAV guidelinesILPA's newly released NAV guidelines should remove some of the friction between LPs and their managers. Plus: a look at the world's largest impact fundraisers; and Coller Capital has set a hard-cap for its latest flagship. Here's today's brief, for our valued subscribers only.
Index raises $2.3bn for two new funds, $600m less than previous effortIndex Ventures has raised $800 million for its 12th venture fund and $1.5 billion for its seventh growth fund.
Side Letter: Thoma Bravo's billionsAfter delivering more than $13 billion in realisations to LPs last year, Thoma Bravo looks set to close its flagship mega-fund this year. Plus: tips for emerging managers; and European buyouts bounce back. Here's today's brief, for our valued subscribers only.
MassPRIM makes $600m of commitmentsBoston-based public pension makes several commitments to private equity funds.
Side Letter: Vista's continuation fundThere's a potential whale of a deal in the single-asset continuation fund market. Plus: LP scrutiny is giving fund lawyers more work (and slowing down fundraises); and a Saudi healthcare specialist reaches final close. 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.
Exits are slow but there may be signs of speeding upSome good news, perhaps. The exit outlook has improved slightly, but is still not where it needs to be to make fundraising easier than last year.
Side Letter: PE hires a politicianRishi Sunak's former deputy prime minister has joined forces with a UK private equity firm. Plus: Coller Capital is getting in on the evergreen action; and AXA IM is reaping the rewards of opening its NAV unit to third-party capital. Here's today's brief, for our valued subscribers only.
MassPRIM backs two new funds, eyes up to $3bn in PE commitmentsUS pension MassPRIM, which committed to just a single venture fund in 2023, has already committed to two this year.