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New Hampshire Retirement System has made a $50m commitment to Ares Pathfinder fund II, as confirmed by a contact at the pension.

Brookfield is on track to raise $150 billion this year, despite private markets headwinds. Plus: a dearth of exits is putting a damper on distributions available to collateralised fund obligations; and Federated Hermes has a new DACH director. Here's today's brief for our valued subscribers only.

The roughly $5.5bn investment manager has stressed the need for discipline after a challenging year for tech valuations and exit activity.

Longer fundraising processes can present challenges for GPs to make sure all LPs in a fund remain on equitable footing.

Fund IV's limited partners include prominent fund of funds, pension funds, endowments, and high-net-worth individuals.

TPG says it expects to raise up to $6 billion more towards its revised fund targets. Plus: Arizona State Retirement System sees sunnier days on the horizon for exit activity; and wealth platform Endowus has new backers. Here's today's brief, for our valued subscribers only.

'The opportunity set in growth equity investing has gotten much more interesting,' CFO Jack Weingart said in a Q2 earnings call.

The pension made at least 52 new PE commitments in 2022, bringing the total number of funds and projects in its portfolio to 456, per its latest annual report.

The regulator will also form an international forum on impact investing.

KKR's democratised private markets products are already attracting substantial capital. Plus: Jefferies is tapping a large team of former Credit Suisse fundraisers. Here's today's brief, for our valued subscribers only.