Pensions

Why some believe the CV market has passed through the five stages of grief; not all DPI is created equal, a conference hears; HIG and Permira execs launch a new healthcare shop.

Individual investors are increasingly being provided with institutional-quality access to private markets, say Brett Schlemovitz, partner and president of StepStone Private Wealth, and Miguel Sosa, managing director at StepStone.

The California-based pension plan intends to use principles from the so-called ‘total portfolio approach’ in future portfolio construction.

The pension fund is aiming to deepen its relationship with Abbott Capital Management after enlisting the manager in 2017.

In today's edition, A 'democratisation' expert says GPs will only get one chance to deliver; Blackstone reckons evergreen 'tests' are helpful for the industry; New Mountain wants to deepen its Korea ties.

The pension will grant its adviser the discretion to manage its investments in Clearlake Capital Partners, including the ability to liquidate the assets via the secondaries market.

The deal, which will form a life and pensions giant with a £480bn-odd asset portfolio, reflects the trend for consolidation among both LPs and managers.

Private market exposure has enduring appeal for local government pension schemes; the heavy lifting now lies in integration, education and portfolio stewardship, sources tell PEI.

The €25bn retirement scheme for academics joins a growing list of European LPs exploring opportunities in the defence sector.

Teia Merring, who has been USS's senior investment director for private equity, joins as global head of strategic partnership solutions at the European firm, PEI has learned.