Private Equity

Limited Partners

Virginia pension cuts private equity target, citing volatility concerns

This marks the first cut the pension has made to the asset class's target in more than 15 years.

2 min read · 23 June 2026

Side Letter: PE's dreaded 'Z' word

LPs are increasingly concerned about tail-end assets; Virginia's $134bn state pension system is worried about GP selection; Apax's new IR hire.

6 min read · 22 June 2026

Side Letter: CalPERS' new alts head

The man overseeing CalPERS' $250 billion alts portfolio; ILPA on evergreens alignment; secondaries investors not sassy on SaaS.

6 min read · 15 June 2026

CalPERS promotes Orlich to oversee private markets portfolio

Anton Orlich, architect of the US pension giant's PE turnaround, will now also be responsible for its private credit, real estate, infrastructure and other alternative programmes.

3 min read · 11 June 2026

British Business Bank to deploy £2bn a year to VC and growth

CIO Leandros Kalisperas outlines plans for a fivefold increase in the development bank’s investment pace.

4 min read · 11 June 2026

Side Letter: Weighing anchor

Why emerging managers should buddy up with a weighty LP; the US regulator is wary of lengthy fund lives; why private credit's loss could be PE's gain.

4 min read · 11 June 2026

Private Take: Is retail a saviour or a wrecking ball?

Institutional investors have justifiable concerns about how an influx of retail capital may impact the industry, writes Lori Hall-Kimm, senior managing director and global head of private equity at Healthcare of Ontario Pension Plan.

5 min read · 10 June 2026

CalPERS: PE remains the pension’s ‘top-performing asset class’

Private equity is expected to continue serving an important role in the overall portfolio of the pension, which is switching to a total portfolio approach in July.

3 min read · 09 June 2026

Side Letter: Risk FOMO

How to supercharge UK private markets; why the 'T-word' isn't so outlandish for secondaries; the EU gets touchy around tech.

5 min read · 08 June 2026

Florida SBA meeting takes aim at limits of private equity benchmarks

Members of the $219bn pension's investment advisory council weighed in on the relevance and sufficiency of performance benchmarks at a June meeting.

4 min read · 05 June 2026

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