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The evidence suggests many LPs have, or are developing, an appetite for investing directly in alternative asset managers.

The pension will keep its pacing in line with previous years, but aims to increase its commitments to venture capital and growth equity assets.

Many primary market LPs continue to be skeptical of continuation vehicles. But evergreen funds are already proving an all-but-insatiable source of demand for them. GPs will only be more incentivized to come to market, as a result.

The fund is expected to wrap up in December of this year.

Apogem Capital, an investor in more than 60 GP-led secondaries, and law firm Willkie Farr & Gallagher team up to explain how lead investors and legal counsel can help investors in continuation funds feel comfortable that the sponsor is aligned with their interests.

Until July, the healthcare-focused firm’s sole partner was its founder, the former global head of healthcare private investing at Goldman Sachs

The illiquidity of many institutional LPs is ‘scary,’ MacArthur said in a recent podcast. 'We’re not even in a recession and yet we’re hitting a number that is correlating to the worst recession in 75 years.'

There is an often-overlooked $17trn market where the mid-market and smaller managers can compete within their own weight class for retirement capital, writes Eric Satz, founder and CEO of self-directed IRA platform Alto.

Staff at Texas endowment with $60bn in AUM ‘likely to recommend’ higher target after steadily building to 20% exposure for private equity.

‘We’ve been investing in the business significantly,’ Toomey told Buyouts, ‘knowing that someday the world would open up.’