Investor Commitments

European governments have sharply ramped up defence budgets this year, leading to LPs and GPs alike undergoing a mass sentiment shift in favour of the sector.

CIO Jill Schurtz will be able to commit up to $750m to commingled funds, separate accounts, secondaries transactions and dedicated co-invest vehicles.

The sovereign wealth fund is active in Asia-Pacific via funds, directs and joint ventures with GPs, according to PE fund investments manager Mahmoud Al Khatri.

A key concern is that a GP may not have market-tested the highest selling price of an asset, according to the $212bn pension's senior investment officer for PE.

In this nine-minute interview, Alaska Permanent Fund's deputy CIO says prioritising distribution ratios as a metric will cause GPs to do 'very unnatural things'.

Research from Rede Partners shows green shoots are beginning to appear when it comes to realisations and investor confidence.

The $1.53trn pension's PE portfolio has recorded an 18.08% IRR since inception, according to its latest annual report.

Separately managed accounts create 'solutions for headaches that people have', AltamarCAM CEO José Luis Molina tells PEI.

NIIF is seeking $1bn for its sophomore fund of funds and plans to expand its private markets business with dedicated secondaries vehicles, managing partner Anand Unnikrishnan tells PEI.

Co-investments play a key role in its decision to partner with first-time funds and emerging managers, partner and head of Europe Rune Jepsen tells PEI.