Pensions

Many LPs are still tepid on the final rules and still appear to want the US regulator as a referee.

Christopher Ailman, one of the longest serving public CIOs in the US, has been instrumental in growing the pension’s private markets portfolio and continues to shine a light on sustainability and ESG.

Hazman Hilmi Sallahuddin, CIO of Malaysia's $39bn Kumpulan Wang Persaraan, tells PEI what exposure it wants to add to drive higher, more sustainable returns.

Covalent, and which aims to pool LP resources, will focus on mid-market buyouts and growth equity financings in North America and Europe, according to Wafra's Steve Moseley and AP3's Henrik Nordlander.

The firm had closed its predecessor Fund VIII in 2018, exceeding its $6bn target.

The Californian pension fund has acquired a stake in Just Climate, the innovative climate investment firm founded by Generation Investment Management.

Many LPs struggle to commit to continuation funds due to governance processes.

The $21bn California pension is preparing a more hands-on investment approach in private markets, including more co-investments, GP stakes and joint ventures.

A firm launched this week with the backing of US pension funds represents a new breed of fund of firms vehicles.

Founding investors in Collective Global include the Orange County Employees Retirement System and the City of San Jose Retirement System.