Private Equity
'We’ll have more diversified co-investment opportunities this way rather than us just doubling down on what our existing GPs come to us with,' says Arizona’s chief investment officer Michael Viteri.
2 min read · 16 October 2023
“Nothing the managers said today gave me any confidence that we’re going to get distributions to the level of NAV they’ve marked on their portfolios,” says Marin County board president Sara Klein.
4 min read · 13 October 2023
LP stands for 'Limited Patience' as overworked, overextended and stressed-out professionals cut ties and create a brain drain.
9 min read · 02 October 2023
“I wouldn’t call us conservative. But we do want to be more liquid and transparent,” said San Diego County CIO Stephen Sexauer.
3 min read · 27 September 2023
Possible increases from two mammoth public pensions could bring liquidity to a parched fundraising environment.
2 min read · 21 September 2023
'Over the years, we had a number of funds that drifted into the plan. It became insurmountable for us to deal with. We want to commit larger amounts to fewer funds while still being diversified,' PA State CIO James Nolan said.
2 min read · 20 September 2023
Revamped policies under departing CIO Nicole Musicco’s watch have started to take foot.
2 min read · 19 September 2023
Nicole Musicco is leaving the post after instituting major changes in the system’s private equity program.
2 min read · 18 September 2023
Private equity made up 21% of all CAAT assets in 2022, up from 9% four years ago, putting the mid-sized system in the same league as its largest global peers.
4 min read · 14 September 2023
New Mexico’s results, along with recent private company data, suggest there may be a light at the end of the tunnel for LPs awaiting cash returns and liquidity.
2 min read · 29 August 2023
