Private Equity
The approval comes as CalPERS’s existing consultant, Pension Consulting Alliance, resigned in a letter dated 13 March.
2 min read · 13 March 2017
The endowment, which allocated $405 million to venture capital and private equity last fiscal year, tapped the CIO of Michael Bloomberg’s family office for the role.
1 min read · 13 March 2017
The firm, led by Robert Smith, gave LPs the option of a lower management fee and higher hurdle rate in exchange for 30% carry.<br />
2 min read · 13 March 2017
The Tom Gores-led firm topped its initial fundraising target by $1bn on the strength of its ‘differentiated, operations-intensive investment strategy’.
1 min read · 13 March 2017
View the latest capital raises
1 min read · 10 March 2017
View the latest capital raises
1 min read · 10 March 2017
Quantum Energy Partners’ previous fund closed on its $4.45bn hard-cap in July 2015.
2 min read · 10 March 2017
As LPs in the world’s largest private fund market start to embrace ESG, it is becoming harder to get away with ‘all talk and no action’ on responsible investment.
2 min read · 10 March 2017
The increase is part of the $11bn pension’s effort to meet its new long-term private equity target allocation of 8%.
2 min read · 09 March 2017
The pension exited two funds in February and is under contract to sell 10 more private debt and real estate fund stakes worth $88.91m by the end of March.
3 min read · 09 March 2017
