Direct investing

In his first interview since becoming BCI's global head of private equity, Jon Salon tells Buyouts about the factors driving robust PE investing and distributions in 2025 and his plans for the strategy going forward.

Private equity is expected to continue serving an important role in the overall portfolio of the pension, which is switching to a total portfolio approach in July.

Private capital could play a role in bolstering Europe’s energy resilience, catalysing its tech industry and financing the conversion of manufacturing facilities, M&G private markets CIO Emmanuel Deblanc tells PEI.

Ashley Baum, a managing director of the $230bn public pension, suggests direct approach is about making more selective bets in PE, not reducing fees.

Maharlika Investment Corporation is seeking managers ‘who understand how the Philippines operates’, CIO Kheed Ng tells PEI.

Lili Wang is evaluating new product strategies across private credit, private equity secondaries and real estate, she tells PEI.

FinDev Canada will target markets such as Vietnam, Indonesia and the Philippines, CIO Paulo Martelli tells PEI.

Among the pension giant's appointments is Sam Blaichman to global direct private equity head, replacing Hafiz Lalani in the role.

Asia-Pacific family offices have a greater appetite for direct investments than funds, according to research from Raffles Family Office and Deloitte.

Some curtailment of the scope of direct investing, and the reintroduction of fund investing, mark a fundamental shift from the past practice of an innovative Canadian institution.