Investors

CalPERS’ proposed total portfolio approach would aim to provide a more holistic and unified approach to both risk and benchmarking, eliminating the silos between asset classes.

A large share of AIMCo costs deemed excessive by government authorities were incurred to ramp up the pension system’s exposure to alternative assets, sources said.

If private equity fundraising rebounds next year, as is widely expected, how can first-time GPs give themselves the best chance of success?

The firm made its first Australian wealth hire this month amid efforts to ‘steepen the curve’ of private markets adoption among regional investors, Ed Huang, head of APAC for Private Wealth Solutions, tells PEI.

VCERA’s chief investment officer, Dan Gallagher, recommended launching the new program next year, starting with a $20m allocation.

TPG's Jim Coulter warns of an industry shakeout. Plus: how one LP is approaching its Asia-Pacific portfolio; and LACERA ups its venture and growth allocation. Here's today's brief, for our valued subscribers only.

LACERA will be allowed to commit up to 35% of its private equity allocation to secondaries or co-investments, and up to 20% of the allocation to funds of funds.

Some large LPs have already started to tweak their investment focus to align with the priorities of the Republican administration.

The UK government is seeking to launch a cadre of mega-funds that could unlock tens of billions for private markets. Plus: ICG says strong deployment is driving its fundraise; and Lexington wants at least $1 billion for its GP-led fund. Here's today's brief, for our valued subscribers only.