Private Equity
The largest US pension system also reported more than $1.2bn in annual management fees and carried interest.
2 min read · 08 November 2023
A stipulation that capital distributed to LPs via NAV facilities can be recalled is creating headaches for some investors.
6 min read · 02 November 2023
'The rules overall are a step forward for the industry but there are some unique intricacies to look at regarding the transparencies we are used to,' says a member of the system’s investment staff.
2 min read · 25 October 2023
Institutional LPs may benefit from the flexibility of evergreen products to manage target allocations more quickly than in closed-end vehicles.
5 min read · 18 October 2023
The system’s adviser and staff are bullish on fixed income at the expense of private assets.
2 min read · 05 October 2023
PEI spoke with Aware Super’s global head of private equity, Jenny Newmarch, about the pension’s appetite for emerging managers, increasing its direct investments, and the decision to open its first office outside of Australia in London.
10 min read · 03 October 2023
The $34.7bn pension could cut as many as 17 private equity managers over the next three-to-five years.
2 min read · 25 September 2023
Musicco will step down at the end of September after serving a little more than a year as CIO.
4 min read · 18 September 2023
The $235bn pension system plans to scale direct investing with both existing and new GP relationships.
2 min read · 13 September 2023
The system’s investment staff may expand target ranges, among other tweaks, as its cashflow needs increase.
2 min read · 13 September 2023
