San Francisco Employees' Retirement System related stories
All articles and analysis
SFERS approves $105m in commitmentsThe US public pension has backed two private equity funds.
Side Letter: Co-investment shake-out, Softbank kicks in more for Fund II, in tech we trustSoftBank's Son is keeping faith with his vision, but investors will take more convincing. Plus: carry in the crosshairs, co-investments as secondaries dealflow, Hg's tech success and more. Here's today's brief, for our valued subscribers only.
Side Letter: EQT's long-term plans, Vista's cloudy outlook, hires for L Catterton and bfinanceA busy day in PE land: Leon Black is trying to put a pin in his Jeffrey Epstein connections; EQT is planning to join the ranks of long-term investors; LPs don't quite know how to react to the events at Vista; hires for L Catterton and bfinance; and grand plans for Tikehau. Oh, and a great podcast for you. Here's today's brief, for our valued subscribers only.
SFERS invests over $147m to private equityThe system's private equity asset class posted strong returns in Q3.
Side Letter: Should the PE people business turn into a numbers game?The relationship-driven aspect of private equity is under threat. Should we lament or celebrate this? Plus: Tenzing's thoughts on a successful remote fundraise, Advent and Blackstone's return to the office, Ambienta hires and Columbia's new boss. Here's today's brief, for our valued subscribers only.
Hillhouse's Zhang: 'Less conflict' when private equity thinks long-termThe Asian private equity giant's founder Lei Zhang says duration is the most important factor in making PE firms better stakeholders in society.
Side Letter: What we know about Ben Meng's departure from CalPERSWe're all about CalPERS today. The world's eighth biggest private equity investor is dealing with the hasty departure of CIO Ben Meng. As details trickle out about the reasons why Meng left, the plan to push the giant pension further into private assets is being overshadowed. Here's today's brief, for our valued subscribers only.
Side Letter: LPs worry over fiduciary duty, Permira's stake sale, Thakran's Asia plansWhat's keeping LPs up at night; Goldman Sachs' latest PE stake acquisition; L Catterton Asia's former chairman plots next move. Here's today's brief, for our valued subscribers only.
SFERS approves $175m in commitmentsThe US public pension has backed two North America and one Asia focused funds.