Pensions

Secondaries sales and purchases, investing during a trade war, and the threats and opportunities of AI – our exclusive interview with the Canadian pension giant's global head of private equity.

Fund managers ‘don’t need to wait for the perfect, full potential exit,’ senior managing director Cindy Yan tells PEI.

The pension fund will see its private equity pacing jump significantly next year, following several years of high distributions.

Ashish Goyal will move on at the end of the year, joining other APAC departures from the $100bn pension fund and its Canadian peers, PEI has learned.

The pension fund will increase its pacing to the asset class for the first time in three years.

CalPERS CIO Stephen Gilmore signaled that investments under a governance model that prevents teams working in isolation in asset allocation would have a private markets tilt.

The pension fund’s current exposure now satisfies its target allocation, as its consultant expresses 'concerns about where private equity is going.'

'Limited partner distributions are definitely constraining new commitments to subsequent funds,' says private equity director Michael McGirr.

Europe's fundraising scene is bracing for a busy 2026; CalPERS approves a radical portfolio overhaul; why Asia-Pacific is divided over exit expectations.

When we asked this year’s cohort of standout women in private markets about the most significant trends shaping their asset classes, artificial intelligence was top of mind.