Investors

After a surge in interest around the covid-19 pandemic, it has been a mixed picture for life sciences and biotech-focused PE fundraising and capital deployment.

Investors are focusing more on the theme of resilience, David Kelnar of the investment bank's private capital team tells PEI.

Private market exposure has enduring appeal for local government pension schemes; the heavy lifting now lies in integration, education and portfolio stewardship, sources tell PEI.

The Boston-based multi-family office is looking to strike a balance of established GPs prepared to navigate distressed environment with managers ‘not swimming in crowded pools’ in private equity.

The pension fund is beginning its search to replace Kristin Varela, after she was hired to head NMSIC’s investment activity.

The €25bn retirement scheme for academics joins a growing list of European LPs exploring opportunities in the defence sector.

The Taiwanese family office is looking to allocate up to $4bn in the next five to eight years.

Institutions including the International Finance Corporation and British International Investment are prioritising selective manager-led allocations, growth equity and realistic paths to returns.

CEO Raphael Arndt says the Australian sovereign wealth fund would ‘make changes where it is prudent to do so’ as it manages costs.

US managers are increasingly looking to apply their expertise in Europe as appetite for defence investment spreads in the region.