Massachusetts Pension Reserves Investment Management Board

The $123bn pension system's latest ambitions follow the creation of a GP-led-focused investment role in 2024.

'Limited partner distributions are definitely constraining new commitments to subsequent funds,' says private equity director Michael McGirr.

The Boston-based public pension fund recommended $208m in new commitments.

The Boston-based public pension has backed two funds.

The US buyout firm expects a one-and-done close on GPE XI by mid-year, US pension documents show.

The $105bn system's co-investment programme now makes up just over 10% of its private equity portfolio.

The US-based pension fund backs three private equity funds, according to recent meeting materials.

The 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.

In today's edition, Blue Owl's recent asset sale has thrust semi-liquids into the spotlight; Partners Group tries to assuage investors' AI concerns; Gridiron Capital is back in the market.

In today's edition, GPs are being urged to take cash off the table early; Why Oklahoma is a must-visit for IR professionals; Defaults are on the (marginal) decline.

Fund managers ‘don’t need to wait for the perfect, full potential exit,’ senior managing director Cindy Yan tells PEI.

LP patience over a lack of distributions appears to be wearing thin; why CVs could hurt primary fund returns; Eurazeo plants a flag in Scandinavia.

Could LP concerns over evergreen deal allocations be further exacerbated by 401(k) inflows? Plus: Moelis taps Jefferies for another secondaries hire; and consolidation is afoot in Italy. Here's today's brief, for our valued subscribers only.

KKR has tempered expectations around the speed at which private markets firms will unlock 401(k) capital at scale. Plus: Ares looks set to close its latest buyout fund at just over half the size of its predecessor. Here's today's brief, for our valued subscribers only.

LPs worry that older assets are no longer getting time and attention for value creation as GPs move on to new assets, according to panellists at PEI’s Operating Partners Europe Forum.