Investment Allocations

Astrea V is backed by cashflows from a diversified pool of private equity funds managed by firms including KKR, TPG and Warburg Pincus.

Governor Phil Murphy’s anti-private equity rhetoric during his campaign triggered a hold on commitment but the state’s pension system wants to re-establish its standing.

Documents from a US pension provide a glimpse under the bonnet of Warburg Pincus China-Southeast Asia II which is seeking $4.3bn.

A growing number of Chinese businesses are being marketed as TMT-based, an industry conference in Hong Kong has heard.

Employees’ Retirement System of Texas and Teachers’ Retirement System of Louisiana are already over-allocated to private equity.

PEI speaks with senior investment officer Jonathan Popielarski about the types of fund stakes the US pension wants to buy so it can hit its 11% target allocation.

The restructuring will allow CalSTRS to invest in ‘non-traditional’ private equity strategies with different return expectations and focus on co-investments.

Private equity is expected to deliver the highest returns in the next 12 months by 43% of respondents, the highest of any asset class, according to GSAM research.

Hiromichi Mizuno was tasked with guiding the world's largest pension fund into alternatives. He tells PEI what he learned in his four-year tenure.

Co-investing by the US's largest public pension has stalled due to challenges around speed of execution.