Investors

A green-friendly (meaning money) recycling programme allows Oregon to take up to $1bn from secondaries sales of its legacy portfolio and place it into a co-investment fund.

KPERS commits $80m to two PE funds.

Specific niche funds could gain traction as LPs look to diversify their private equity portfolios in the face of market volatility.

Many LPs are focusing on re-ups with existing relationships due to the current economic landscape. LPs with dedicated programs may serve as a valuable lifeline for emerging and diverse-owned managers.

The retirement system is widening the funnel of managers it will consider investing with, according to deputy CIO Tom Masthay.

Demographic shifts and the rising cost of care in Asia have boosted interest in the market, according to the SWF’s head of life sciences for direct investments in America.

The $70 billion pension makes its first investment to a Clayton, Dubilier and Rice private equity vehicle.

Private equity investors are set to benefit from a re-pricing of unprofitable businesses in an era of high interest rates, according to the pension manager’s global head of PE.

Baltimore City Fire and Police Employees’ Retirement System decided the investment committee was no longer necessary.

The $33bn system adds flexibility in making a secondaries purchase, perhaps indicating the system sees an opportunity in a dislocated market.