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CalPERS hits highest PE commitment level post-GFC

The US's largest public pension made $4.3bn of commitments in the first half of the year.
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UK pension consolidation is bad news for lower mid-market

With pension pooling, lower mid-market GPs may not see allocations because of size and allocation issues.

How Arizona PSPRS plans to overhaul its portfolio

The pension system is combining alternative assets into one pool and will re-assess all GP relationships, trimming for better strategic partnerships.

The 10 largest H1 2019 closes and the LPs in them

Find out which investors committed to the vehicles that raised 43% of the total capital between them.
Down under: private equity performed worse than Australian listed property and global listed infrastructure in superannuation funds' portfolios

Aussie supers’ PE returns drop ahead of ‘challenging’ conditions

Private equity was the third-best performing asset class for the past year, behind Australian listed property at 19.4% and global listed infrastructure at 14.9%.

Florida SBA’s John Bradley on its next moves

Five years into restructuring its private equity portfolio, the $160bn Florida State Board of Administration limited partner is now expanding its focus into distressed strategies and building its Asia exposure.
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CalPERS’ private equity returns fall by 50% in fiscal 2019

The asset class was still the second highest return generator, and the pension system is expanding its programme to help achieve a 7% actuarial rate of return.

NJ’s private equity programme emerges from uncertainty

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.

PEI 300: The largest funds and the LPs in them

The five largest funds raised over the last five years gathered a combined $95.3bn. Here are the LPs that made hefty commitments to more than one of them.

Three things you should know about CalPERS’ new PE head

Greg Ruiz, a former Goldman Sachs exec, will rely on his GP experience to help the US's biggest public pension push into direct investing.
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