Direct investing

The new joiners, including ex-CDPQ senior director Philip Hunter O’Brien, will operate from the $41bn system’s Austin headquarters, CIO Yup Kim tells PEI.

The firm has increasingly been raising capital from separate mandates and from individual investors via evergreen products.

The San Francisco-headquartered firm has made investments in sports clubs such as the San Antonio Spurs, FC Barcelona and Real Madrid CF.

Cbus now requires a co-investment ratio of at least 1:1 from any new GP relationship, CIO Brett Chatfield tells PEI.

Co-investments play a key role in its decision to partner with first-time funds and emerging managers, partner and head of Europe Rune Jepsen tells PEI.

Alaska Permanent Fund Corporation’s director of private equity Allen Waldrop sat down with PEI’s Madeleine Farman on the sidelines of PEI Group’s NEXUS 2024 summit.

Already a prolific owner of alternatives managers via its balance sheet, global wealth manager AlTi will consider transitioning from LP to GP with the launch of a fund in this space.

Allen Waldrop, director of private equity at Alaska Permanent Fund Corporation, has been tasked with optimising the institution's exposure to PE.

The Hong Kong-based asset manager is laser focused on China as it plans to launch a third flagship and a debut RMB-fund this year.

Hazman Hilmi Sallahuddin, CIO of Malaysia's $39bn Kumpulan Wang Persaraan, tells PEI what exposure it wants to add to drive higher, more sustainable returns.