Pensions

Delegates from QIC, Pantheon and Mubadala discuss their approaches to diversity, equity and inclusion at a time when the US administration is taking a more critical view of DEI initiatives.

A key concern is that a GP may not have market-tested the highest selling price of an asset, according to the $212bn pension's senior investment officer for PE.

Secondaries players are chipping away at the number of GPs that wouldn't consider a continuation fund. Plus: The climate capital debate threatens to spill over into the UK. Here's today's brief, for our valued subscribers only.

The $25bn pension expects to use both the GP-led and the LP-led markets to offload indirect private equity exposure.

Another US endowment is proving that federal funding pressures don't have to result in private equity allocation cuts. Plus: Malaysia's sovereign wealth fund learns its lesson from an unfortunate venture investment. Here's today's brief, for our valued subscribers only.

Marondo Capital is targeting €250m for its second fund, which will invest in dual-use defence and critical infrastructure, PEI has learned.

If you're reading this from the UK, we hope you enjoyed the long weekend. In today's brief, the Australian government is rethinking an LP performance test that could unlock billions for private markets; and a US foundation is going against the grain. For our valued subscribers only.

The private funds industry and its regulators have a lot of work ahead of them as private equity enters its retail era.

Staff and trustees of the $85bn California pension are reckoning with a recent history of lagging behind peers’ rebounding private equity portfolios.