Private Equity
The UC Board of Regents will up its PE allocation for its $9.9bn endowment at the expense of public equities and fixed income, but said it will take its time and doesn’t want to ‘just fill a box’.
3 min read · 21 March 2017
A LACERS board member says there is ‘nothing more important’ than focusing on emerging managers in its private markets investing.
2 min read · 20 March 2017
The new recruit, who has previously worked as a private equity investor at Oregon State Treasury, replaces Terrence Purcell, who left the Connecticut pension fund in July 2015.
2 min read · 16 March 2017
Trump 'likely' to be positive for PE in the short-term but firm warns on 'serious impact' for US buyouts if key tax rule is scrapped.
2 min read · 16 March 2017
A former fund of funds manager has claimed over $30m in damages due to PCA’s allegedly wrongful recommendations made to CalPERS about the firm.
2 min read · 15 March 2017
<em style="font-size: 12pt;">The Canadian pension fund successfully sold several portfolio companies to private equity firms last year.</em>
2 min read · 14 March 2017
The Russia-Turkey Investment Fund, which could be as large as $1bn, will ‘strengthen bilateral economic ties’ between the two countries.
2 min read · 14 March 2017
The approval comes as CalPERS’s existing consultant, Pension Consulting Alliance, resigned in a letter dated 13 March.
2 min read · 13 March 2017
The endowment, which allocated $405 million to venture capital and private equity last fiscal year, tapped the CIO of Michael Bloomberg’s family office for the role.
1 min read · 13 March 2017
The Tom Gores-led firm topped its initial fundraising target by $1bn on the strength of its ‘differentiated, operations-intensive investment strategy’.
1 min read · 13 March 2017
