News

LP Scorecard: KKR helps Oregon pension rake in $3.7 bln in 12 months

LP Scorecard: KKR helps Oregon pension rake in $3.7 bln in 12 months

Mass PRIT sees highest PE return among US pensions

Out of 155 US pension funds, the Massachusetts Pension Reserves Investment Trust Fund generated the highest returns from its private equity investments over a 10-year period, according to a PEGCC annual ranking of pension funds.

TPG,Satya hires ex-African Development Bank president

<span class="ITALIC">The hire will bolster the $1 billion partnership, which has so far made one investment in Africa since its formation in June.</span>

Longtime LP Welker lands at Champlain Advisors

Arkansas Teacher plans $275 mln for PE in 2016

NZ Super makes Guardian board appointments

The fund has appointed alternatives specialist Lindsay Wright as deputy chair.

CPPIB invests $500m in Postal Savings Bank of China

Postal Savings Bank of China has attracted investment worth RMB 45.1bn from 10 high profile strategic investors, including the Canadian pension plan.

LPs like US mid-market despite high valuations – study

Probitas Partners’ latest LP survey found that 76% of LPs globally are interested in US middle market buyouts over other sectors, while 41% said purchase price multiples for this specific sector are too high and could hurt returns.

Smaller LPs missing out to larger peers: survey

<p><em></em><span class="ITALIC"><em>Smaller LPs often lack the expertise to be successful at co-investing and are losing out to larger peers on fees and terms as part of a ‘permanent shift’ in GP/LP relations, a recent survey by Coller Capital finds.</em> </span></p> <p><em></em></p>