Pensions

In today's edition, CVs are complicating key person clauses; US pensions giants earmark billions for climate capital; A Brookfield departure.

SingleSpoke plans to apply AI to traditional mom-and-pop businesses, starting tech-forward platform companies and using M&A to add on legacy players.

In today's edition, Regulators target a private funds weak spot; Another GP puts defence in the crosshairs; GIC loses a 20-year veteran amid a string of sustainability shake-ups.

Bonus structures vary wildly among private equity's biggest LPs.

The largest US public pensions take markedly different approaches to rewarding investment staff as boards navigate talent competition, legal constraints and questions over private equity benchmarks.

In today's edition, ERS Hawaii mulls allocation reduction for private equity; Schroders smashes target of latest co-investment fund; A mixed picture for loan valuations.

The system could also expand its growth equity exposure, which is below its target allocation.

Following headlines surrounding existential risks of AI, board members float idea of calling for expanding oversight on unchecked tech development.

Meketa, consultant for $26bn system, and board members suggest smaller public market allocation than peers and roughly 50% exposure to privates came at a cost during prolonged bull market.