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CalSTRS may face uphill climb in directs build-out

The Californian pension will consider hiring an additional 12 direct investment professionals at a time when public institutions are finding it hard to draw top talent.

Inside the Netherlands’ first asset manager JV

The joint venture includes airline group KLM's pension fund, the Dutch railways retirement scheme and Achmea.

Co-investment growth leads to uncertainty over terms

Co-investments have become standard in private equity, but arrangements between LPs and GPs don’t all fit the same mould.

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