Private Equity
A law passed in June would allow the $65bn pension system to raise its allocation to private equity, to the chagrin of some lawmakers who don’t like the asset class.
2 min read · 05 January 2013
The fiduciary review at the Thomas DiNapoli-led state pension comes on the heels of New York state permanently banning placement agents in an effort to curb conflicts of interest.
1 min read · 05 January 2013
French private equity firm Qualium, led by Jean Eichenlaub (pictured), is nearing its target for its sixth fund after a move to diversify its investor base.
1 min read · 05 January 2013
The $43bn United Nations Joint Staff Pension Fund carved out a 6% allocation to private equity last year and has made its first commitments to big funds this summer.
2 min read · 05 January 2013
In line with its pledge to do more direct private equity deals, the Canadian pension fund will buy ship servicing company V.group in a deal worth $520m.
2 min read · 05 January 2013
The Chinese sovereign wealth fund, which has deployed all of its investable capital received to date, recorded an overall return of 11.7%.
2 min read · 05 January 2013
Public pensions’ and financial institutions’ divestitures have fuelled secondary market activity, according to Cogent Partners.
2 min read · 05 January 2013
The $65bn pension system earlier this year completed a secondary sale run by Cogent Partners of fund stakes in TPG Capital, Apollo Global Management and Warburg Pincus.
2 min read · 05 January 2013
The $128bn pension system’s private equity portfolio soared in fiscal 2011, according to preliminary numbers.
2 min read · 05 January 2013
The head of Massachusetts’ $41bn state pension’s private equity programme, Wayne Smith, is leaving the programme after 11 years.
1 min read · 05 January 2013
