A shift in strategy by pension funds worldwide means they now comprise around half of alternative asset managers investor base, according to a recent survey.
The two former heads of European buyout firm PAI Partners, Dominique Mégret (pictured) and Bertrand Meunier, have begun preparations for a debut fundraising at their new firm.
The $6.5bn pension fund’s $500m commitment to AlpInvest is the fund of fund’s first since being acquired by The Carlyle Group in January.
Dutch start-up Holland Private Equity has held a final close for its inaugural fund just above its target, 18 months after it abandoned a private individual-backed model and launched an institutional fundraising.
The city’s $15bn pension fund is adding the position in response to more reporting, monitoring, and risk requirements.
The $154bn pension system will review a private equity business plan next week that shows a focus on reducing costs by creating separate accounts and expanding the co-investment programme.
The US government’s development finance institution has provided commitments in the form of senior loans to five funds that focus on agriculture in Africa and renewable energies in Asia.
The London-based European private equity firm has so far raised €390m for its second renewable energy fund, on its way to a target of €500m.
The Swiss-headquartered alternatives firm is the latest global private equity player to launch an RMB-denominated fund.
Senior figures at Evercore Private Funds Group said the first quarter was one of the worst for fundraising in years, adding a large capital overhang was one constraint holding LPs back from making new commitments.