Private Equity
The $154bn pension system will review a private equity business plan next week that shows a focus on reducing costs by creating separate accounts and expanding the co-investment programme.
3 min read · 05 January 2013
The city’s $15bn pension fund is adding the position in response to more reporting, monitoring, and risk requirements.
1 min read · 05 January 2013
UK state-backed lender Lloyds Banking Group has decided against granting its in-house private equity arm, LDC, independence, despite many of its peers divesting non-core assets including investment arms.
2 min read · 05 January 2013
The US government’s development finance institution has provided commitments in the form of senior loans to five funds that focus on agriculture in Africa and renewable energies in Asia.
2 min read · 05 January 2013
New Mexico State Investment Council, which manages the state’s oil and gas endowment, has committed to Sterling Partners' latest fund, which is targeting $1.2bn.
1 min read · 05 January 2013
Senior figures at Evercore Private Funds Group said the first quarter was one of the worst for fundraising in years, adding a large capital overhang was one constraint holding LPs back from making new commitments.
3 min read · 05 January 2013
Three weeks after appointing heads for its private equity and real estate businesses, GIC has appointed Ang Kong Hua and Lim Hng Kiang as acting chairmen of the two business units.
2 min read · 05 January 2013
Fund valuations have reclaimed nearly all of the losses experienced during the downturn. Funds climbed 7% in value in Q4 2010 alone, but carried interest prospects for boom-era vintages remains murky, according to Triago.
1 min read · 05 January 2013
The $122bn pension system will provide an online library and interactive FAQ about pension information, including private equity investments. The pension announced in March that it will begin webcasting its board meetings 1 July.
2 min read · 05 January 2013
Secondaries provide large pension funds the opportunity to 'move the battleship' - nimbly reposition themselves, in other words, according to the head of New York City's pension fund.
2 min read · 05 January 2013
