Private Equity
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
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 approval comes as CalPERS’s existing consultant, Pension Consulting Alliance, resigned in a letter dated 13 March.
2 min read · 13 March 2017
The increase is part of the $11bn pension’s effort to meet its new long-term private equity target allocation of 8%.
2 min read · 09 March 2017
The pension exited two funds in February and is under contract to sell 10 more private debt and real estate fund stakes worth $88.91m by the end of March.
3 min read · 09 March 2017
INPRS’s current fiscal year ending 30 June 2017 is its first since naming a new CIO in July.
2 min read · 08 March 2017
The California pension plans to engage Meketa, currently its real assets advisor, as its new private equity consultant for the remainder of PCA’s contract period ending June 2020.
2 min read · 07 March 2017
<p>The Tallahassee-based pension administrator discussed the possibility of making direct private equity investments, but concluded that it would struggle to build the necessary in-house resource.<br /></p> <p> </p>
3 min read · 06 March 2017
The UK government has opened a consultation process to see whether it should encourage small defined benefit pension schemes to combine their assets.
2 min read · 01 March 2017
