People - LPs

California pension is for the first time adding private equity to one of seven pools of capital designed for select retirees after long-time reliance on returns from public equities and fixed income.

Leaders of $84bn sovereign wealth fund faced little pushback on a suggestion the system should limit private market commitments until improvement of valuations, other trends.

Chris Eckerman, who had spent the past 12 years at SWIB, will lead up TPSF’s efforts to expand into the co-investment space.

Howard's endowment saw assets double under Dr Wayne Frederick's tenure as system deployed a windfall of cash from earmarked federal grants.

LPs are voicing an interest in stepping outside their traditional fund role and investing directly in GPs. The result could be a new class of shareholders in private markets.

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

Ontario Teachers’ will conduct an internal and external search for new leadership 'over the coming months,' an e-mail statement shared with Buyouts said.

Fraser inherits an OMERS private equity strategy that is significantly altered from its prior exclusive focus on institutional direct investing, an approach the pension system pioneered.

Appetite for co-investment has waned among many LPs, and GPs may begin paring back their offerings. Are the halcyon days of co-investment coming to an end?

The future of private equity in healthcare belongs to firms that can cultivate a specialist approach but still pivot to promising subsectors, believes Linden Capital Partners’ Tony Davis.