Teacher Retirement System of Texas related stories
All articles and analysis
LPs are losing their appetite for co-investmentGPs may begin to pare back their co-investment offerings as appetites shrink among investors.
Side Letter: How risky is NAV financing?A new white paper looks to dispel fears that NAV loans represent an excessive level of leverage for buyout funds. Plus: an Italian PE firm breaks records; and a California pension is hungry for buyouts. Here's today's brief, for our valued subscribers only
LP appetite for the mid-market is growingMultiple North American investors have shifted their focus towards smaller managers, suggesting enthusiasm for the US mid-market is on the rise.
Side Letter: Rethinking APAC relationshipsAPAC's PE slowdown could prompt some LPs to refresh their regional GP roster. Plus: New research underscores PE's outperformance relative to public markets. Here's today's brief, for our valued subscribers only.
Texas TRS commits $305m to private equityThe Albany-based pension fund made four new private equity commitments focused on buyouts and growth equity opportunities in North America and Western Europe.
Side Letter: A mixed bag for PE transparencyStandards of disclosure and transparency at UK PE-backed companies have dropped. Plus: Why LPs could allocate more towards US private equity next year. Here's today's brief, for our valued subscribers only.
Ex-First Republic exec's shop aims at white space in GP financing marketGP speciality finance firm Inceptiv focuses on asset-level performance rather than a sponsor's AUM growth.
Texas TRS commits $210m to private equityTeacher Retirement System of Texas made the commitments to four private equity funds
Side Letter: Ardian's record-breaker?Ardian expects to hold the final close on its multibillion mega-fund this year. Plus: Partners Group has tapped an APAC fundraising veteran to co-lead its regional business; and why JPMorgan Asset Management is keeping its appetite small. Here's today's brief, for our valued subscribers only.
Side Letter: The importance of GP disciplineThe UK's £76 billion Universities Superannuation Scheme is eyeing smaller opportunities as it prioritises managers that can remain disciplined. Plus: LGT Capital Partners reckons this is the first decade in which private equity won't grow; and Rede looks to the Middle East. Here's today's brief, for our valued subscribers only.