Private Equity
The pension chose 'partnership units' over public stocks.
3 min read · 25 March 2021
The $117bn pension usually commits to larger-scale managers and does not have an official emerging manager program, but says staff will consider smaller managers if they feel they will add value.
2 min read · 04 December 2020
Staff at the $207.8bn system have said that distressed debt opportunities following the covid crisis could be unprecedented.
2 min read · 03 November 2020
The $216bn pension has committed more capital to private equity during the covid crisis than it did during the same period last year.
2 min read · 18 August 2020
CIO Rod June said the $17bn fund had enough cash on hand to handle the increased capital calls.
2 min read · 29 April 2020
Michigan also posted its 2019 fourth-quarter returns and valuations for its March 19 meeting.
2 min read · 30 March 2020
The fund entered into its second co-investment vehicle with asset manager Neuberger Berman.
2 min read · 20 March 2020
The pension invested in recent funds from Cortec Group, Leonard Green & Partners and Volition, among others.
2 min read · 17 March 2020
The fund is targeting $10bn and eyeing a first close by the end of next month.
2 min read · 16 March 2020
The increased co-investment pace comes as the $252bn pension seeks to up its overall private equity allocation.
2 min read · 04 March 2020
