Pensions

LA Fire and Police Pension System isn't shying away from private equity, despite its overexposure. Plus: Brookfield is seeking higher returns for its next Global Transition fund. Here's today's brief, for our valued subscribers only.

Customization, speed of deployment and market-beating returns have attracted the world’s most sophisticated and largest LPs to co-investing, says Fiduciary Co-Investment Partners’ Claudio Siniscalco.

The system floated a plan to invest $250m to emerging private equity managers over the next five years.

Some curtailment of the scope of direct investing, and the reintroduction of fund investing, mark a fundamental shift from the past practice of an innovative Canadian institution.

The US's second-largest public pension is streamlining its approach to secondaries deals. Plus: why fundless sponsors could be on the rise; and some fund close news. Here's today's brief, for our valued subscribers only.

Meier, who oversees assets worth $272bn, believes private equity's fees are 'too high'.

The system approved a boost in its target private equity allocation up to 20%, from its current target of 13%.

The US’s largest public pension is right to want to better align itself with managers to access the highest-quality assets.

Schroders Capital has launched another LTAF as efforts to access UK investors gather momentum. Plus: Ohio Public Employees Retirement System has concerns over an increased allocation to illiquid assets. Here's today's brief, for our valued subscribers only.

A new marketplace offering from Palico could have significant implications for the ability to buy and sell LP interests. Plus: Kentucky is slashing its PE allocation; and Australia's Future Fund is shaking up its leadership. Here's today's brief, for our valued subscribers only.