Investors

LPs want exposure to the mid-market, where there is differentiated alpha with many levers and ways to win, Adel Alderbas tells Private Equity International.

Private equity funds took an average of 17 months to hold their final close in the first three quarters of this year, marking a slight shortening on last year.

New Mexico SIC is not in need of liquidity as it continues to see strong inflows from oil revenues in the state. However, it continues to push its managers to move toward exiting assets, especially in relation to funds living past their contractual terms.

The sovereign wealth fund will take formal recommendations to the board next February, but the investment staff is prepared to suggest incremental cuts to the asset class.

GIC and JPMAM propose a radical new approach to alternatives portfolio construction. Plus: Brookfield is back with its next flagship; and an Asian pension giant wants more secondaries exposure. Here's today's brief, for our valued subscribers only.

GPs need to be transparent with LPs about the impacts of having GP-led deals in co-investment funds, Partners Capital's head of co-investments Adam Spence tells PEI.

The Taiwan-based insurer backs an Andreessen Horowitz private equity fund.

'We tend to like single-asset continuation vehicles if the story is right if it’s with a sponsor that we think is the right owner for that asset going forward,' according to deputy CIO Allen Waldrop.

The US-based sovereign wealth fund deepens its ties with Banner Ridge Partners, with a commitment to Fund VI.

The evidence suggests many LPs have, or are developing, an appetite for investing directly in alternative asset managers.