News

The public pension fund is nearing its target allocation.

LPs remain overstressed, overworked and overburdened.

While much of the market news was gloomy, there were bright spots. Many GPs, big and small, old and new, succeeded in their fundraising – despite the challenging environment.

'Given that we don’t think the fundraising pace is going to pick up dramatically in 2024, then we will continue to take our time to ensure we’re backing the right partners while getting appropriate terms – and we’ll weigh our options if that’s what is required.'

Employee ownership this year was more often figuring into private equity value-creation strategies.

This will be our last newsletter column of the year as we go on break next week. We’ll be back in early January with our insider view of the inner workings of firms and funds. We hope you enjoy the holiday season and actually get some sort of a break, before the January rush.

Knowing exactly why you want to co-invest, formalizing your strategy and making sure all the key ingredients are built into your program will go a long way toward making you a reliable, sought-after co-investor, write Meketa Investment Group's Steven Hartt and Ethan Samson.

The system is also looking to ramp up its private credit and real assets programs.

Leonard Green’s deal is among a slew of GP-led processes that have found their way to final closings despite tougher market conditions and pickier buyers.

Lodge tells us about her dream job as a field or ice hockey coach, her summer retreat in Rhode Island and the importance of staying close to family.