Pensions

Sterling Group, of Houston, is targeting $2 billion for Fund V, which would make it the firm’s biggest pool yet.

As part of the job, Tall will directly manage the global PE investment platform, replacing Charles Émond, who in January was named CDPQ’s president and CEO.

Jane Rowe, head of Ontario Teachers’ Pension Plan's private capital group, said the organization is benefiting from a balanced portfolio and focus on private companies that “work well in the long-term and through different cycles.”

In his first interview since becoming head of OMERS Private Equity, Michael Graham says as the market gets choppier, "we see lots of opportunities for buying great companies at better prices.”

The $23.58bn pension recently proposed higher spending on PE in the next fiscal year, but is prepared for it to be less.

The pension plan fast-tracked adoption of an ‘allowable allocation’ of up to 15% to allow for flexibility in times of volatility.

Managers should get ready for internationalisation, downward pressure on fees and bigger private capital allocations, should the current wave of mergers come to pass.

OPTrust has in recent years grown its private equity portfolio's share of direct deals and co-investments to roughly 50% of assets.

Musicco until January led private markets at Investment Management Corp of Ontario and prior to late 2018 held senior roles at Ontario Teachers’​ Pension Plan.

Private equity is failing to find its voice or properly engage with its detractors and the barrage of criticism won’t stop until it does.