North America

The higher interest rate environment has made fixed income investments more attractive, causing the institution to move away from private assets for the time being.

The fund’s investor base includes public and private pension funds, insurance companies, foundations, family offices and high-net worth clients globally.

There’s still ‘significant work’ to be done to give US individuals access to private markets investing via their defined contribution retirement plans, according to CFO Martin Small.

The Trump administration's budget bill could further catalyse interest in defence opportunities and AI. Plus: a mixed outlook for emerging VC managers; and NYCERS doubles down on climate investing. Here's today's brief, for our valued subscribers only.

The subject has taken priority at recent meetings of trade group Institutional Limited Partners Association, sources tell PEI.

The endowment expects to grow and cultivate longstanding relationships with the managers whose inaugural funds they back.

North American funds were the most active during H1 2025 in spite of growing geopolitical uncertainty.

In the latest episode of PEI's Spotlight podcast, the co-managing partner at the $185bn private equity firm discusses what tools effective investors need during times of uncertainty.

Whether your seasonal plans include vacations or staycations, be transported with the faves shared by these private equity investors.

The Pittsburgh-based investor wants to have at least half of its private equity portfolio in the US, up from about 40% today.