Pensions

CDPQ's global operating team is led by AJ Rubado, formerly with Reservoir Capital and KKR, and Lorenzo Levi, formerly with Terra Firma Capital Partners and Apollo Global Management.

The $412bn pension's recent moves to integrate its PE activities and expand the program's global reach appeared to bear fruit in the 2020-21 fiscal year.

'We shouldn’t be afraid of inflation or volatility because it does create opportunities,' Denise Le Gal, chair of Brunel Pension Partnership, said at PEI’s Women in Private Markets Networking Day.

Investors in emerging markets should be 'in it for the long haul' and make sure to back a variety of GPs, according to panellists at an EMPEA and IFC conference.

IMCO established credit as a separate asset class only last year. It aims to grow portfolio assets to C$8 billion-plus by 2025.

The new open-ended fund structure seeks to address defined contribution schemes’ focus on costs at the expense of net returns, according to the Financial Conduct Authority.

The $12.2bn public pension would consider increasing its current 5% target allocation to PE as part of a future asset allocation review, says CIO Angela Miller-May.

Recently hired CIO Seth Kelly wants to think about the $34.8bn pension's public and private equity holdings in 'totality'.

Ian Brown, head of private markets at the roughly $52bn pension pool, has said subscription credit lines' main benefit is to inflate returns for managers at the expense of investors.

Staff has discussed a 'benchmarking anomaly' that wreaked havoc with its reported returns during the height of the covid market chaos last year.