Private Equity
Private equity performance for the Canadian pension, which had C$59bn in the asset class at 31 March, was boosted by higher returns in the domestic and foreign developed market segments.
2 min read · 22 May 2017
Per Olofsson, head of alternative investments at the Swedish pension fund, said subscription credit lines should be used for capital efficiency and not to artificially boost IRRs.
2 min read · 22 May 2017
Michael Flaherman says his fears about CalPERS’ exposure are left unanswered, despite a memo from the pension describing fund-level credit lines
2 min read · 18 May 2017
Former CalPERS board member Michael Flaherman raised the issue of fund-level leverage use by GPs for the second time at Monday’s meeting, after no action was taken following remarks he made in December 2015.
3 min read · 15 May 2017
The $25bn pension fund, which had 13% in private equity as of 30 June, forecasts $500,000 in investment cost savings as a result of increased co-investments in the asset class.
2 min read · 15 May 2017
Once Meketa begins its 5-year contract in July, it will prepare to review Connecticut’s asset allocation, which currently includes an 11% target allocation to private equity.
2 min read · 11 May 2017
A number of US states are seeking to follow California in mandating public funds to disclose carried interest paid to GPs.
3 min read · 11 May 2017
The $320bn pension, which allocates 8% to private equity, spent less year-on-year in management fees in 2015 and less than its peers.
2 min read · 08 May 2017
The new benchmark would still apply if private equity, which represents 8% of total assets, is combined with public equity as recently suggested by CalPERS.
2 min read · 08 May 2017
The New York pension fund, which has almost 8% of its assets in private equity, renewed its contract with TorreyCove Capital Partners as its private equity consultant, effective 1 May.
2 min read · 01 May 2017
