Pensions

We spoke with NYCRS' CIO Steven Meier to find out whether private equity can hope to receive a bigger slice of the pie.

Ben Chan, head of Asia-Pacific, and Raju Ruparelia, who led direct investments for APAC, are both departing the Canadian pension giant, PEI has learned.

Investors will overlook underdeveloped assessment frameworks if managers show how they will create change, said panellists at the Impact Investor Global Summit.

LPs consider a vast number of metrics, including transparency, exposure and co-investment opportunities, before determining whether a fundraise was successful.

LPs have become focused on distributions as they balance liquidity needs in a difficult marketplace.

London-based Delaney Brown had been with the world's largest investor in private equity since 2013.

Tightening debt markets and a conservative attitude to valuations means CPP Investments is taking a measured approach to investing, Suyi Kim, global head of private equity at the pension giant, tells PEI.

'The word is out that we can be a strategic partner and agile in providing solutions for balance sheet restructuring or a provider of patient, long-term capital,' said CIO Nicole Musicco.

Private equity allocations delivered nearly twice the returns of public equities over a 22-year period, according to investment adviser Cliffwater's chief executive.