Investors

The fund's predecessor, PPC III, closed in 2021 at $2.7bn, was then billed as one of the market’s largest family investment vehicles.

Side Letter brings you Korean LP intel from Private Debt Investor's Seoul Forum this morning. Plus: Ares has major private wealth ambitions and there's a new climate firm in town. Here's today's brief, for our valued subscribers only.

The country’s largest public pension will pursue both private equity and private credit continuation fund opportunities, investment policy committee member Sam Y Chung tells PEI.

Secondaries is an area where the $251bn system can 'use creative partnerships to access opportunities', according to senior investment officer John Bradley.

Senior executives from some of private equity’s biggest LPs tell PEI what’s on their summer podcast playlist for 2024.

As part of the system’s policy established in 2022, CalPERS has been building exposure to areas of private equity it may have skipped in the past, like smaller funds and growth-focused GPs.

Private equity managers have yet to meaningfully access the $529bn of AUM held by India's insurance companies and National Pension System.

Raymond James, Evercore, Jefferies and Campbell Lutyens are in the wings for the pension fund’s secondary sales route.