US

Climate tech funding coalition appoints Jay Dessy as its first CIO and names Just Climate and GenZero as new members as it carries out its first investment.

The pension will later this year review its asset allocation strategy for the first time since 2022, as it contends with liquidity challenges.

Auldbrass acquires secondary interests through LP-led and GP-led opportunities (such as continuation vehicles) in mid-market buyout, global buyout and growth equity.

Deb tells us about how he has applied the ‘metaphor of sports’ to his career, his preference for beer over wine and why a fear of going out of business helps concentrate the mind.

Opened late last year, Bregal Sagemount V has a $3.5bn hard-cap, according to pension board documents issued this week.

Many GPs have been seeking ways to sort out assets lodged in older funds, with limited partners increasingly seeking liquidity.

The pension’s allocation to private equity has dropped by two percentage points over the last two years, despite efforts to increase exposure.

CCO V’s LPs include pensions, endowments, foundations, family offices and sophisticated clients of registered investment advisors.

This marks the third year in a row that SBCERA has increased its pacing to private equity, with board members concerned that the move wasn’t responding to macroeconomic shifts.

Investors may be taking comfort in firms with simple strategies as market complexity increases, BV Investment Partners’ CEO told Buyouts.