Sovereign Wealth Funds

As the public markets continue to shrink, the case for GPFG’s entry into private equity is not only one of returns but, increasingly, one of diversification.

Alaska Permanent Fund Corporation’s director of private equity Allen Waldrop sat down with PEI’s Madeleine Farman on the sidelines of PEI Group’s NEXUS 2024 summit.

Allen Waldrop, director of private equity at Alaska Permanent Fund Corporation, has been tasked with optimising the institution's exposure to PE.

Speaking at the HKVCA’s Asia Private Equity Forum on Friday, Eric Mason, head of PE at the Church Pension Fund, told delegates that using NAV facilities to create distributions increased financial risk.

The $140bn sovereign wealth fund’s CEO Dr Raphael Arndt attributed the quarterly drop to currency issues and write-downs.

CIO Marcus Frampton proposed adding a 25% leverage to the fund in a special board meeting on Monday.

PEI catches up with the unit’s co-heads, Maxime Franzetti and Fatima Al Noaimi, to discuss evergreen funds, separately managed accounts and GP stakes.

Institutional LPs may benefit from the flexibility of evergreen products to manage target allocations more quickly than in closed-end vehicles.

Fossil fuel-based energy production is needed to support more electrification and increased transmission in the economy, Utah Retirement Systems' CIO tells the sovereign wealth fund's board.