Pensions

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

CalPERS is shopping another multibillion portfolio less than a year after closing one. Plus: CVC discloses the expected launch date of its next flagship buyout fund. Here's today's brief, for our valued subscribers only.

The firm's Keystone strategy provides bespoke offerings to alternatives managers at the management company, fund and asset level.

A GP needs specialist knowledge to find the best opportunities in the defence sector, says Claus Jørgensen, chief investment officer at Denmark's PenSam.

A quick look at some LPs keen to get more private equity exposure. Plus: A multi-purpose GP-led secondaries deal emerges in the US; and a newcomer to Canada's pension scene is ramping up its private markets deployment. Here's today's brief, for our valued subscribers only.

The $887bn pension's PE exposure had reached 7.79% as of December, up from 6.99% a year prior, per its latest annual report.

The executive order is not implementing new policy as much as it is confirming private markets’ roles in retirement portfolios.

The UK's former Exchequer Secretary is arguing for better dialogue between governments and the PE industry. Plus: Apollo taps a Swiss private bank to expand its European wealth team; and most large family offices want more PE exposure. Here's today's brief, for our valued subscribers only.

KKR-owned Colonial First State, which manages one of Australia’s 10-largest superfunds, will make its inaugural private equity allocation this month, PE head Chloé Brayne tells PEI.

Apollo's Marc Rowan says in the world of 401(k)s, origination will be king. Plus: Hamilton Lane underscores the importance of bespoke approaches to 'retail' investors; and a New York pension is piling into PE. Here's today's brief, for our valued subscribers only.