Private Equity
The market dislocation means there may now be more secondaries sellers than buyers, but LACERS staff wants to stick with secondaries fund investments for now.
3 min read · 31 August 2020
The $103.9bn pension's private equity staff says that distressed managers are ideally positioned to take advantage of the crisis's aftermath over the next several years.
3 min read · 25 August 2020
Growth and venture holdings had generated such sizable returns as of March 31 that the strategy was over 4 percentage points overweight.
2 min read · 21 August 2020
CIO Tom Lopez said the new 14% PE target was "pretty ordinary" for pension systems these days.
2 min read · 20 August 2020
BCI, which is aiming to split its PE portfolio equally between direct deals and fund investments, last year increased directs' share to 38 percent.
3 min read · 18 August 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
State treasurer Joe Torsella said the policy is intended to make clear "who went where, when, and who paid for it.”
3 min read · 14 August 2020
Meng was in the process of launching a leveraged push into private equity and private credit.
3 min read · 06 August 2020
Steve Mermell said CalPERS was not representing the actual level of risk in its plan and is not being sufficiently transparent.
3 min read · 05 August 2020
While there are promising signs, particularly in fundraising, the next few months are murky as investors try to gauge the markets in the second half.
2 min read · 03 August 2020
