In the new private equity fundraising reality, GPs are going to have to clock up a lot more air miles, writes Christopher Witkowsky
Turkey’s dynamic demographics and healthy macroeconomic trends have caught the attention of the global private equity industry. But some challenges remain.
The pension, which reported assets of $95.8bn at the end of 2008, has committed money to Wynnchurch Capital Partners and Sterling Group Partners.
The firm's private equity fund of funds will maintain its relationships with the GPs with the strongest performance and the best governance. The firm will not cut its commitment to the asset class.
The pension, with $24bn in assets, has dropped its target allocation for alternatives from 14% to 12% as it looks to reduce its exposure to the asset class.
Limited partners need appropriate NAV information to effectively report, and getting the right information in a timely manner can be challenging.
Draper Fisher Jurvetson, Caduceus Private Investments and CDH were among the recent fund commitments made by the $12bn Texas County and District Retirement System.
Some private equity professionals are still in the dark about the ILPA principles. If they plan to win the hearts and minds of LPs, they better find their reading lights – and fast, writes Christopher Witkowsky
The $9bn School Employees' Retirement System approved commitments of up to $40m a piece to Francisco Partners and Mason Wells, two mid-market buyout shops.
Clark was integral in helping move forward the state’s early efforts at building a private equity programme.