North America

In a tough fundraising market, an opportunity to add a new and very rich pool of retirement savings as a capital source is enticing for private equity GPs, especially the very largest.

The US market is 'where we see the most active dealflow globally', says Alexandre Décary, La Caisse’s vice-president of Americas private equity.

Pact has so far made minority investments in Accel-KKR, a technology-focused investment firm, as well as in Graham Partners, a private equity firm specializing in advanced manufacturing and industrial technology.

High River Resources II’s limited partners include institutional investors, registered investment advisors, and family offices.

Anticipating little impact on its portfolio, California pension’s board strongly supported increased scrutiny of private equity funds in the healthcare space.

The LP may look to err on the side of caution as it looks to commit between $600m and $1bn to the asset class.

CalPERS could raise its private equity allocation yet again as its strategic overhaul begins to bear fruit. Plus: the lines between unlisted asset classes are becoming increasingly blurred; and CVC returns with its second GP-led in as many years. Here's today's brief, for our valued subscribers only.

Optimising exits in an environment where liquidity is challenging has become a mainstay in some managers’ playbooks.

The firm generated about €20bn of exit value in the year to 30 June, chief executive Per Franzén said on a Thursday earnings call.

Stephen Gilmore, California pension’s CIO: ‘Reasonable to expect’ system will increase its long-term asset allocation target after finding success with co-investment emphasis.