Investors

Increased appetite from Institutional investors, access to liquidity and the proliferation of bespoke structures have accelerated change in fund finance, according to panellists at the European Fund Finance Symposium.

In today's edition, Software outcomes are diverging; A Middle Eastern sovereign appears to embrace programmatic sales; State Street says LPs want more private markets exposure.

This marks the first cut the pension has made to the asset class's target in more than 15 years.

LPs are increasingly concerned about tail-end assets; Virginia's $134bn state pension system is worried about GP selection; Apax's new IR hire.

Investors expect the number of tail-end vehicles still holding assets to rise amid ongoing liquidity pressures and difficulties in GPs differentiating themselves.

Institutional investors are right to be increasingly curious about the best ways to evaluate their PE portfolio performance.

The pension fund’s new strategy generated a 21.9% return over the past three years.

The man overseeing CalPERS' $250 billion alts portfolio; ILPA on evergreens alignment; secondaries investors not sassy on SaaS.

Anton Orlich, architect of the US pension giant's PE turnaround, will now also be responsible for its private credit, real estate, infrastructure and other alternative programmes.

CIO Leandros Kalisperas outlines plans for a fivefold increase in the development bank’s investment pace.