Private Equity
The private equity performance at the second-largest US public pension fund has lagged due to a specific mandate that targets niche, underserved sectors and areas in California.
3 min read · 25 January 2017
The $107.5bn state pension’s private equity failed to outperform its benchmark for all six time periods observed as of 30 September.
3 min read · 24 January 2017
The duo is acquiring the laboratories business from PAI Partners in a €1.8 billion deal.
2 min read · 23 January 2017
The US public pension plan is considering investing in a special purpose vehicle to make private markets investments, bypassing external general partners.
2 min read · 17 January 2017
Pantheon, which conducted the study, is one of the private equity firms looking to tap the growing defined contribution pension market.
2 min read · 10 January 2017
The city’s retirement plan wants to commit more to mid-market and lower mid-market distressed for control situations.<br />
2 min read · 22 December 2016
<em><span style="font-size: 12pt; font-family: "Times New Roman", serif;">Teacher Retirement System of Texas, which generates some of the best private equity portfolio returns among US public pension funds, won’t invest if it thinks GPs are being greedy</span></em>
5 min read · 21 December 2016
PEI sat down at the beginning of the year with the Massachusetts Pension Reserves Investment Management Board’s CIO Michael Trotsky and its director of private equity Michael Bailey to discuss one of the best performing PE programmes in the US.
8 min read · 20 December 2016
The Texas Municipal Retirement System approved nearly $380m for private equity commitments so far this year, short of its $600m target.
2 min read · 13 December 2016
The Iowa Public Employees’ Retirement System is keeping its $800m annual commitment level to private equity, which it raised from $700m in 2015.
2 min read · 12 December 2016
