News

In today's edition: The SEC commissioner makes the case for PE allocations in retail portfolios; Another mega-CV closes; ESG, DEI become less of an operational priority on both sides of the aisle.

The selected consultant(s) will guide TRS on strategic investment allocations.

CalPERS CIO Stephen Gilmore signaled that investments under a governance model that prevents teams working in isolation in asset allocation would have a private markets tilt.

The private equity business of the asset management arm of German insurer Allianz has grown from €18.5bn in AUM as of end-2020 to around €30bn this year.

Chicago Teachers' Pension Fund issued a request for proposal, due 19 December.

LP patience over a lack of distributions appears to be wearing thin; why CVs could hurt primary fund returns; Eurazeo plants a flag in Scandinavia.

The pension fund’s current exposure now satisfies its target allocation, as its consultant expresses 'concerns about where private equity is going.'

'Limited partner distributions are definitely constraining new commitments to subsequent funds,' says private equity director Michael McGirr.

LBP AM, a unit of the French bank, plans to tap more retail capital and grow its evergreen funds' AUM to more than €1bn, head of European private markets Peter Arnold tells PEI.