LP News

The board’s vote to not extend its investment in the fund for a fourth time ran counter to its investment adviser’s recommendation.

The standard mode used to communicate risk-return goals is being re-examined given new frustrations with long-held tools.

Nearly 45% of companies within single-asset CVs had an implied TEV greater than $2bn last year reflecting minority interest or strip sales for larger companies being used in these deals.

The pension fund will aim to increase its exposure to private and public equity assets while eliminating its hedge fund portfolio.

In their Q1 earnings calls, large, listed firms, some of which have recently launched ambitious fundraising campaigns, spoke to the possible effects of a foreign LP pullback.

With peers facing substantial portfolio challenges, the $30bn endowment is urging restraint in what its leaders say is an environment for endowments akin to 2008’s financial crisis.

The measures were adopted as an 'insurance policy' against potential headwinds created by federal funding cuts and a proposed endowment tax.

Mark Carney’s background may raise private equity’s expectations, but ‘the world is a different place than it was last December,’ CVCA’s Kim Furlong tells Buyouts and affiliate Private Funds CFO in an exclusive interview.

The pension plan reduced its private equity target to 26%, citing long-term liquidity goals and 'negative cashflows.'

Major pension signals it will continue expansion of diverse representation among managers in private market assets during overview of DEI accomplishments.