Houston pension fund seeks private assets consultant

The $4.2bn pension fund wants to grow its private asset bucket to 27% of its total portfolio.

Four questions on China’s largest healthcare fund

Wang Qiying, chief executive of China Life Private Equity Investment Company, talks to Private Equity International about opportunities in China’s healthcare industry, which is expected to hit $1.2trn by 2020.

Tech Q&A: Bridging the digital divide

Whether it’s due diligence, data exchange or tax software, technology poses some of the biggest issues for a modern private equity firm. We asked leading tech experts to answer some of the most common conundrums.

Los Angeles pension boosts targets for private equity, debt

The retirement plan also increased its exposure to private infrastructure by 1%, while targets for real estate equity and natural resources investments stayed the same.

LP appetite for EM hits four-year high

More than one in three of respondents plan to increase their allocation to emerging markets as a proportion of their total portfolio, up from 29 percent last year.

OTPP ‘battening down’ portfolio companies to prepare for next downturn

The $147bn pension manager is making sure its direct investments have the ‘right management and covenant-lite financing facilities’, as it anticipates the next downturn, says Ontario Teachers’ director of funds.

LPs see ‘gold rush’ in China VC

Continued investor focus on the strategy means costly valuations, resulting in median returns, say Asia-based LPs.

Japan Post Bank’s alternatives investment target in three charts

The $1.9trn financial services group expects to allocate up to $20bn to private equity within the next three years.

Coller: LP appetite for GP stakes ‘disproportionately large’

Almost 40% of LPs have already invested or will consider investing in funds that take stakes in GPs, according to Coller Capital’s latest Global Private Equity Barometer.

How to hire a CFO

Compensation is crucial, but a seat at the table is increasingly important to back-office job-seekers.

Copyright PEI Media

Not for publication, email or dissemination