Private Equity
Phil Rotner had served as managing director of private equity at the MIT endowment.
2 min read · 17 August 2017
The average multiple was inflated by buyouts of $1bn and above, and by consumer and tech transactions.
2 min read · 16 August 2017
As public pensions are increasingly required to report on private fund fees, there is 'a risk that the resulting data will not be comparable'.
1 min read · 16 August 2017
Apollo’s stock, which falls under the growth and expansion strategy in the pension plan’s private equity portfolio, grew nearly 75% in the year ended 30 June.
2 min read · 16 August 2017
Albourne America replaced Aon Hewitt to oversee the $29.7bn retirement system’s investments in real estate, private equity, credit and real assets.
1 min read · 15 August 2017
Large and mega-funds in the sector have, on average, deployed just $111bn of the $572bn raised over the past five years.
2 min read · 15 August 2017
Some board members asked whether it is reducing the investment opportunity set by consolidating its roster of managers.
2 min read · 15 August 2017
In its latest earnings call, CEO Michael Sabia highlighted the pension fund’s investment in insurance company USI as an example.
2 min read · 14 August 2017
Private equity accounted for 18% of the pension’s C$326.5bn assets as of 30 June.
2 min read · 14 August 2017
The Pennsylvanian pension scheme wants to clarify the impact of manager fees on returns and increase the transparency of fee reporting.
1 min read · 14 August 2017