Universities Superannuation Scheme (USS) related stories
All articles and analysis
The so-called 'zombie fund' problem persists and LPs are concernedInvestors expect the number of tail-end vehicles still holding assets to rise amid ongoing liquidity pressures and difficulties in GPs differentiating themselves.
EQT hires UK's Universities Superannuation Scheme PE lead for new roleTeia Merring, who has been USS's senior investment director for private equity, joins as global head of strategic partnership solutions at the European firm, PEI has learned.
CVs may sort out poor performers, zombie funds – WIPM SummitGP-leds 'could be used for something good' as the industry sees more ageing funds, according to the Universities Superannuation Scheme's Teia Merring.
UK pensions face balancing act with government's domestic investment driveThe voluntary initiative doubles the overall target for private markets investment by pension funds by 2030 and broadens the range of assets covered.
USS urges GP transparency around CVs, NAV loansThere have been cases when continuation funds have been 'misused and overused', according to Teia Merring, senior investment director at USS and chair of ILPA.
CalSTRS’ Ailman: Titan of PE asset allocation leaves enviable legacyChristopher Ailman, one of the longest serving public CIOs in the US, has been instrumental in growing the pension’s private markets portfolio and continues to shine a light on sustainability and ESG.
Side Letter: Net zero tensions; Bonaccord's APAC advantage; Munich PEP's returnWhy net zero targets could be pushing investors to make decisions that are detrimental to decarbonisation. Plus: GP stakes firm Bonaccord is an early mover in Asia-Pacific; and Munich Private Equity Partners is launching its next fund of funds. Here’s today's brief, for our valued subscribers only.
Side Letter: Ailman's PE conviction; USS's RI boss loss; KIAL's FoF pauseCalSTRS CIO Christopher Ailman remains bullish on private equity despite its flaws. Plus: An Indian GP has paused efforts to raise a fund of funds; and UK pension giant USS is saying goodbye to a pioneer of responsible investing. Here’s today's brief, for our valued subscribers only.
GPIF earmarks more than $6bn for private equityThe figure is almost 12 times the size of its private equity portfolio as of end-March.
ESG: An increasingly critical value-creation leverAs sustainability concerns affect consumer behaviours, aligning portfolio companies with future trends is an opportunity to create value.