Pennsylvania Public School Employees' Retirement System related stories
All articles and analysis
Side Letter: PEI Awards – vote now; LP Perspectives 2023; Gensler's private fund ambitionsDon't miss your chance to vote in this year's PEI Awards. Plus: Our latest LP Perspectives survey reveals how investors are thinking about the asset class next year; and why the SEC's private funds proposals may lose some of their bite. Here’s today's brief, for our valued subscribers only.
PSERS issues RFP for IC servicesThe $76bn public pension has issued an RFP for an investment consultant.
Side Letter: KKR's new friends; PE's diversity double-down; Kentucky's ESG debateKKR is looking for new sources of LP capital as US institutions grapple with allocations. Plus: Why diversity matters on the fundraising trail; and the anti-ESG agenda has reached Kentucky. Here's today's brief, for our valued subscribers only.
PSERS puts $145m in private equityThe US public pension continues to vary its private equity exposure.
Side Letter: BlackRock's ESG dialogue; Investec's GP trends; Lightrock's closeBlackRock says its capital flows don't seem to reflect any negative impact from increased political dialogue. Plus: highlights from Investec's latest GP Trends survey; and LGT-linked Lightrock has exceeded its hard-cap. Here's today's brief, for our valued subscribers only.
Hg to close latest large-cap fund above target this monthThe software-focused firm has delivered an average 5.2x multiple and 60% IRR across eight exits in recent months, PEI has learned.
TDR close to beating €4bn target for Fund V with initial closeThe firm, which closed its acquisition of UK supermarket chain Asda last year, expects to wrap up fundraising by the end of the third quarter.
Side Letter: Vision Fund's downsizing; Anti-greenwashing guide; Credit's PE pocket shiftSoftBank's Vision Funds are set to shed staff after a second consecutive quarter of mammoth losses. Plus: tips for cutting through the greenwash from an impact pioneer and LPs are no longer allocating to credit from their private equity buckets. Here's today's brief, for our valued subscribers only.
PSERS backs TDR with €95m commitmentThe US pension has backed TDR Capital's fifth buyout vehicle.
Side Letter: Ares' flagship flurry; PE's marketing mix-up; LACERS' deal paceAres appears confident of upsizing its next series of flagship funds by a similar proportion to previous iterations, despite congestion among LPs. Plus: why you might need to change how you market funds and LACERS has devised a novel solution for its time-sensitive investment decisions. Here's today's brief, for our valued subscribers only.