Investors

Maryland returns bolstered by private equity

Strong returns from the $37.1bn retirement system’s private equity portfolio helped offset a negative 6% performance in public equities.

CIC to expand alternatives exposure

To mitigate current volatile market conditions which saw it post a 4.3% loss for the year, the Lou Jiwei-led fund has continued to increase its exposure to alternative assets.

LPs offered custom benchmarks

Pevara has unveiled what it claims is a first-of-its-kind benchmarking tool that allows LPs to evaluate investments based on their portfolio’s bespoke strategy, region and vintage year.

LACERS bets on secondary market

The $10.8bn system recently committed to Coller Capital as a way to ‘diversify existing private equity portfolios, obtain exposure to previously restricted funds and participate directly in select investments’.

CalPERS fails to clear returns benchmark

The $233bn retirement system’s private equity portfolio was one of a handful of bright spots in its investment holdings, which generated only a 1% return over the year to 31 March.

Investor Base: An uncertain outlook

The challenges of valuing assets and forecasting performance in the current climate are hampering the secondaries market – but pricing continues to hold up reasonably well

CalSTRS' lacklustre year buoyed by PE

The retirement system’s $21bn private equity portfolio generated a 5.9% return last fiscal year, outperforming its overall portfolio by 4.1%.

Tennessee commits $190m to PE, VC

Advent International and Oaktree Capital Management are two of the firms that drummed up commitments from the Tennessee Consolidated Retirement System.

New Mexico has $45m for private equity

The retirement system had allocated $140m for private equity commitments at the beginning of the year, and has pledged more than half to Wayzata, IVP and NEA. The system also has capital left for real assets and real estate.

Private equity represents second-largest alternatives pool

Private equity represents the second-largest segment within the alternative asset class behind real estate, according to a survey of the world’s top 100 alternatives managers - who together manage $3,136 billion.