Limited Partners

Four out of NYCRS’ five pension systems are selling a more than $5.5bn portfolio to Blackstone Strategic Partners in a deal set to close at the end of March.

The largest US public pension fund has 'missed opportunities' by not thinking more broadly across asset classes, Marcie Frost said at PEI Group's NEXUS 2025 event on Tuesday.

The Thoma Bravo co-founder and managing partner spoke with PE Hub's Mary Kathleen (MK) Flynn at PEI Group’s NEXUS 2025 summit.

Embracing the role of an LP means not trying to time markets or cycles, Stefan Fallgren, head of PE and infrastructure at the Swedish private pension manager, said at PEI Group's NEXUS event.

The institution's $133bn investment management unit has appointed a former head of alternatives from Singapore's NTUC Income to the newly created role.

In order for savvy investors to capitalise on co-investment opportunities, there are many commercial, legal and advisory considerations they need to get smart on, say Ropes & Gray’s Michael Gilbert and HarbourVest’s Seth Palmer.

Investors can use an array of tools to mitigate the impact of geopolitical risk, including manager selection, exposure limits and even fund documentation.

Favourable economics and inherent diversification are drawing more LPs to co-investment, says Patrick Kocsi, co-head of co-investment at Ardian.