Side Letter: Kaiser’s $1.5bn buzzer beater; New Mexico’s re-up quandary; McKinsey takeaways
The winner of PEI's North American LP of the Year is close to finalising a $1.5 billion rebalancing at a time when LP portfolio sales are grinding to a halt. Plus: New Mexico SIC's trustees will consider giving staff more autonomy as LPs struggle to cope with a wave of re-up opportunities. Here's today's brief, for our valued subscribers only.
