The Californian pension will consider hiring an additional 12 direct investment professionals at a time when public institutions are finding it hard to draw top talent.
In the later stages of the investment cycle, growth equity investing has an important role to play in investors’ portfolios.
More venture capital-like fund terms could be bad news for limited partners.
Making LPAs more akin to contracts between fund managers and their portfolio company execs would lead to better GP-LP alignment.
Fund of funds managers can digest data more easily than LPs and GPs – and have access to plenty.
The firm's swift fall from grace this year provides a compelling reason for LPs to conduct thorough scrutiny of governance practices.
Fund of funds managers are leveraging their GP relationships and resources to operate as an outsourced co-investment consultant.
Funds of funds have a key role to play in opening up private markets to defined contribution pension plans.
Funds of funds managers are pushing deeper into hard-to-access markets and backing generational change to generate alpha.
Canada Pension Plan Investment Board's secondaries team is giving traditional firms a run for their money. The secret to its success is more than simply having a lower cost of capital.
Fundless sponsors are winning fans in the fund of funds world, but performance remains front of mind.
This part of the secondaries market is growing and changing at a rapid clip. Jon Costello, head of the Secondary Advisory Group at PJT Partners, explains the impact on the broader private equity industry.
Full disclosure and fairness opinions are the best ways to mitigate potential conflicts of interest in stapled deals.
Single-asset restructurings have exploded in popularity over the past 12 months, but are not
to everyone’s taste.
GP-led deals are on the rise. How does this growth compare with historical levels, and what do these liquidity solutions look like from a secondaries investor’s standpoint? Landmark Partners’ Jamie Sunday and Ian Charles explain