The $70bn pension has published requests for proposals for four advisors, including in private equity, real estate, hedge funds and general consulting.
The pension boosted its allocation target to private equity to 4.8% earlier this year, and is working to build its exposure to the asset class.
The development-focused organisation will return to its roots as a direct investor in emerging markets.
Riyada Enterprise Development (RED) is Abraaj Capital’s new SME investment platform, a $500m initiative. Tom Speechley, who runs it, explains to PEO what RED is aiming to achieve.
A white paper co-published by PEI and Al Masah Capital shows a growing number of international LPs recognise the potential of investing in post-crisis private equity funds in the MENA region.
Following an internal audit this summer, Kentucky Retirement Systems is facing a review by Kentucky’s state auditor over its use of placement agents.
The $76bn New York State Teachers' Retirement System also renewed its contract with StepStone Group to work as its private equity consultant.
A recent white paper published by PEI shows allocations to the MENA region are rising slowly, but investors expect to get paid for the additional risk.
Princeton’s $14.4bn endowment will cut back on the number of GP relationships, setting a ‘higher bar’ for re-ups, says CIO Andrew Golden.
The $65bn pension system will look for key term changes during final negotiations, including cutting management fees and setting a ‘reasonable cap on organisation costs of the fund’.