Performance

Private equity drives strong performance at Florida SBA

The asset class returned more than 18% in the last year, but was the only one that failed to outperform its benchmark.

Fund performance: Union Square, Ampersand, TCV at head of maturing UTIMCO venture portfolio

Public pensions’ private equity problem

Retirement systems need more private equity; the question is whether they can get it.

Laws on fee transparency must be standardised, says ILPA

As public pensions are increasingly required to report on private fund fees, there is 'a risk that the resulting data will not be comparable'.

Oxford Endowment’s 3-year PE returns top 20%

Heavy investment in equity, both public and private, has generated top-end returns since the fund’s inception in 2009.

Fund performance: Battery, Union Square, TCV lead late-decade portfolio at Washington State

Secondaries: In your starting line-up

Whether your private equity programme is gearing up for the first pitch or already in the seventh innings, there’s a place for secondaries on the roster.

CDPQ makes progress on shift toward directs

In its latest earnings call, CEO Michael Sabia highlighted the pension fund’s investment in insurance company USI as an example.

Aurelius triples EBITDA with bargain deals

The restructuring specialist predicts record earnings in 2017, with two large exits to be reported in Q3.

Is Canadian pensions’ secret sauce the perfect recipe?

Research suggests the ‘Canada Model’ for pension fund management can lead to superior returns.