Private Equity
LPs overwhelmingly see secondaries as a valuable tool to re-focus their private equity portfolios and generate liquidity.
2 min read · 07 December 2020
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
The rapid rebound of public and private markets following 2020 Q1 has left most LPs less concerned about fallout from covid and more focused on ongoing structural issues.
3 min read · 04 December 2020
A board member wants the $20bn pension to commit to more diverse firms, including those owned by women of color.
3 min read · 02 December 2020
The bill drew criticism when originally introduced last year, and was pulled soon after the pension's former CIO resigned in August.
3 min read · 19 November 2020
The $421bn pension has the ability to terminate the relationship should it see fit down the road.
4 min read · 18 November 2020
The $59bn pension's decision comes two years after a state commission recommended it cut its allocation to illiquid investments.
2 min read · 13 November 2020
Margaret Brown questions whether staff is trying to get around restrictions on implementing the $421bn fund's long-dormant 'four pillars' plan, but other sources insist it is not connected.
5 min read · 12 November 2020
The $59.8bn pension system wants to deploy more into co-investments and secondaries, but keep its overall private equity pace the same for now.
3 min read · 10 November 2020
Staff told the $262bn pension's board that carried interest payments were likely to continue to drop due to its ongoing focus on co-investments.
4 min read · 05 November 2020
