Private Equity
Donald Pierce ushered in an income focus and a preference for early distribution PE strategies that is expected to continue to guide the pension system.
3 min read·20 October 2026

Donald Pierce ushered in an income focus and a preference for early distribution PE strategies that is expected to continue to guide the pension system.
3 min read · 20 October 2026
'This will cost us our values, our oversight and our integrity,' one dissenting LACERA board member said before a motion passed with a 5-4 vote.
3 min read · 21 October 2026
The pension is aiming to maintain its private equity allocation for what remains a very young portfolio.
2 min read · 14 October 2026
Much of the conversation around PennSERS’ private equity portfolio is indicative of the dramatic shift in the state of the private markets over the last five years.
3 min read · 07 October 2026
The increase to the private equity asset class is a rare uptick for a steady and reliable part of the pension's portfolio.
2 min read · 05 October 2026
Deeper moves into private credit would be both an offensive play and a defensive rotation while private equity recovers, according to Sanford Rich, executive director of the NYC Board of Education Retirement System.
3 min read · 02 October 2026
For San Mateo County, a major reason for creating a co-investment fund is the promise of improving performance from the private equity asset class.
2 min read · 01 October 2026
Being a ‘co-operative partner’ during LP-led transactions can have hidden benefits, a private equity GP tells PEI Group’s Commitment Issues podcast.
2 min read · 18 September 2026
The pension fund plans to increase its private credit allocation at the expense of its overweight private equity assets.
2 min read · 08 September 2026
The pension is targeting a private equity commitment range of $400m to $1.05bn in FY-2027, along with an additional $200m for co-investments.
2 min read · 03 September 2026