Pensions

While GP-led deals took the biggest slice of market activity in 2022, LP deals, especially in the second half, started flowing back into the market.

Proposals for a new UK exchange that would allow privately held businesses to list and trade their shares on a periodic basis could have exciting implications for retail investors and DC pension schemes alike.

The US public pension's pacing plan calls for $3bn of commitments next year, to keep PE allocation within the approved range of 8% to 14%.

The UK government this year gave defined contribution schemes more flexibility to invest in illiquid assets via the long-term asset fund.

Thanks to this year’s strong fund and direct investing, IMCO is already two-thirds of the way to reaching its goal of C$6 billion-plus of PE portfolio assets by 2025.

The Copenhagen fund of funds hit the hard cap on its most recent fund, after the previous vehicle closed €100m under target.

A top 20 US pension system will lose its leader in 2022, with the board beginning a search soon.

With the cap on alternatives now lifted, UK pension funds are eyeing private markets. But the operational challenges should not be overlooked, says BlackRock’s Melissa Ferraz.

The Canadian pension fund, which has earmarked C$15bn for Europe across asset classes over the next four years, tells PEI how it plans to deploy this capital.

The system is trying to balance the art of increasing commitments while remaining cautious and disciplined in selecting managers.