Virginia Retirement System related stories
All articles and analysis
Side Letter: Brookfield's leadership line-up; LACERA's 'most powerful' toolBrookfield has unveiled the leadership team for its $80 billion asset management spin-out at a time when LPs are likely to be scrutinising succession plans. Plus: LACERA has voiced its concern over the SEC's bid to crack down on preferential treatment in side letters. Here's today's brief, for our valued subscribers only.
Side Letter: Japan's LP shortage; ADDX's wealth push; Border to Coast's £4bnJapan's newest LP giant is finding it tough to source experienced talent. Plus: Tokenisation platform ADDX has its sights set on Asia's wealth managers and a UK pension has earmarked billions for the private markets. Here's today's brief, for our valued subscribers only.
LP deals are reclaiming the secondaries throneGP-led deals dominated H1 2021. But buyer appetite since then is a reminder that LP portfolio sales are the market’s bread and butter.
Side Letter: PE's retail naysayers; BlackRock's Morgan Stanley hire; CLSA's $500m China betNot everyone within private equity is enamoured with the idea of opening the asset class to retail investors. Plus: BlackRock has appointed an ex-Morgan Stanley boss to service Asia-based institutions and Hong Kong's CLSA has bold plans for China. Here's today's brief, for our valued subscribers only.
VRS confirms $675m in commitmentsUS public pension Virginia Retirement System has backed two private equity vehicles.
Side Letter: Hellman & Friedman's timing; KTP's 34% return; Shell turns sellerHellman & Friedman is wary of LPs being overallocated as it gears up to raise another mega-fund. Plus: Korea Teachers' Pension is reaping the benefits of its hefty alternatives portfolio and Shell is looking to shed some weight. Here's today's brief, for our valued subscribers only.
Side Letter: What's on LPs' minds; PE's UK performance edge; No bears in AlaskaPrivate Equity International's LP Perspectives 2022 Study shows that investor appetite for the asset class remains sky-high, despite rising concerns over valuations. Plus: What the EU's latest reforms could mean for private equity; and the UK's private markets are beating their public peers. Here's today's brief, for our valued subscribers only.
Virginia Retirement System confirms $300m commitmentThe US public pension has backed Ares’ latest private credit vehicle.
Side Letter: Carlyle's Asia fundraise; CalPERS' PE proposals; OTPP's VC departureCarlyle Group has lofty ambitions for its next Asia mega-fund. Plus: California Public Employees' Retirement System is pondering a hefty allocation increase for private equity and Ontario Teachers' Public Pension Plan has lost its global head of VC funds.
PE’s recent strong performance is proving a double-edged swordThe exceptional performance of private equity is pushing many LPs to offload portfolios on the secondaries market, whether they planned to or not.