Private Equity
The UK's private equity industry is making a concerted effort to improve transparency. Plus: Alameda County's $10 billion pension has major plans for PE and Jersey Finance wants to help US managers market to European investors. Here’s today's brief, for our valued subscribers only.
5 min read · 21 February 2023
San Francisco Employees' Retirement System has backed two North American private market fund managers.
2 min read · 21 February 2023
'We have observed...that some of our highest performing private equity vintage years originate during volatile times like this,' CIO Michael Trotsky said.
2 min read · 20 February 2023
Though early in its track record, Fund I is so far performing strongly. As of September, it was generating a net multiple of 1.51x and a net IRR of 86.7%.
3 min read · 20 February 2023
Abu Dhabi Investment Authority, California Public Employees' Retirement System and New York State Common Retirement Fund are among the 20 largest allocators to 2022-vintage funds, PEI Group data shows.
2 min read · 20 February 2023
Monday is Presidents' Day in the US, so we'll keep today's brief... brief. To start the week: the EU is overhauling its long-term investment funds; global asset owners should brace for a potential "polycrisis"; and pensions should engage Gen Z on impact investing. For our valued subscribers only.
3 min read · 20 February 2023
EQT invested in Waystar in 2019 alongside CPPIB, while Bain Capital retained a minority stake in the company.
3 min read · 20 February 2023
Nothing sparks my nerd spirit like a meaty discussion about the intricacies of the LPA.
3 min read · 17 February 2023
The $10bn system set a 5% target for its new private equity portfolio, with 75% of that intended for secondaries.
2 min read · 17 February 2023
The public pension has backed the co-investment fund.
1 min read · 17 February 2023