Teachers' Retirement System of Alabama

Ardian says Asian investors are keen to invest more in Europe as a result of the US tariffs. Plus: CalPERS' PE performance, and a €700 million debut fundraise. Here's today's brief, for our valued subscribers only.

Not every manager appears to share the belief that exits will recover in the near term. Plus: The Mastercard Foundation has become the industry's newest secondaries buyer; and a Maryland pension giant is concerned about the climate. Here's today's brief, for our valued subscribers only.

North Carolina is the latest in a string of LPs reviewing their participation, or a lack thereof, in GP-led transactions. Plus: Norway’s Cubera has closed its largest secondaries fund; and PE bankruptcies are causing headaches for compliance officers. Here's today's brief, for our valued subscribers only.

Korea's largest public pension is upping the ante when it comes to alternative investments. Plus: Eurazeo has completed a rare GP stakes exit; and a firm led by ex-Capvis executives has proven emerging managers aren't totally off limits this year. Here's today's brief, for our valued subscribers only.

Our colleagues at Buyouts have compiled a list of private equity's most interesting first-time funds. Plus: Family offices have cooled on direct PE; and William Blair continues its private capital advisory buildout with two senior hires. Here’s today's brief, for our valued subscribers only.

The dreaded denominator doesn't seem to be having a significant impact on LP allocations for next year. Plus: Commonfund's succession plan; and Ardian joins Ownership Works. Here’s today's brief, for our valued subscribers only.