Private Equity
The system joins other large LPs in making commitments to the smaller end of the market.
2 min read · 09 January 2024
NEPC recommended San Bernardino commit $575m to private equity over the next two to three years.
2 min read · 05 January 2024
The public pension fund is nearing its target allocation.
2 min read · 03 January 2024
LPs remain overstressed, overworked and overburdened.
1 min read · 02 January 2024
'Given that we don’t think the fundraising pace is going to pick up dramatically in 2024, then we will continue to take our time to ensure we’re backing the right partners while getting appropriate terms – and we’ll weigh our options if that’s what is required.'
6 min read · 28 December 2023
The system is also looking to ramp up its private credit and real assets programs.
1 min read · 21 December 2023
The system is like many other LPs who have reduced pacing schedules due to overallocation to the asset class.
2 min read · 19 December 2023
The system sees inefficiencies – and deals to be had – at the lower end of the marketplace.
2 min read · 14 December 2023
Has the fundraising market found a level of footing? StepStone’s data suggests this is a possibility.
2 min read · 13 December 2023
Private equity has an outsized interest in professional sports. The NFL’s private equity commitments are the inverse of that trend.
2 min read · 05 December 2023