Investors

A new white paper looks to dispel fears that NAV loans represent an excessive level of leverage for buyout funds. Plus: an Italian PE firm breaks records; and a California pension is hungry for buyouts. Here's today's brief, for our valued subscribers only

FinDev Canada will target markets such as Vietnam, Indonesia and the Philippines, CIO Paulo Martelli tells PEI.

Of 43% of LPs who today commit capital to GP stakes funds, more than half are contemplating investing directly in managers, a McKinsey & Company survey found.

Kern County outlined its projected pacing to help the fund match its 18% private market target allocation.

The biggest public pension in the US is considering a more holistic investment strategy – one others may follow.

In PEI's Spotlight podcast, Doug Bell, investment strategy director at the $46bn sovereign wealth fund, discusses the benefits and disadvantages of TPAs when constructing a portfolio capable of delivering long-term results.

Japan's biggest private equity investor has seen its portfolio grow by another $6 billion. Plus: Why firms shouldn't get complacent about compliance under Trump; and a US pension bemoans its PE performance. Here's today's brief, for our valued subscribers only.

The Mandatory Provident Fund Schemes Authority, which represents around $167bn in AUM, is considering allowing such investments, as the territory's securities commission unveils its guidance for private equity funds.