The firm secured new mandates with projected future commitments of over $3bn and reported increasing demand from Southern Europe, Latin America and Asia.
Staff will seek feedback on proposed simplifications to its PE programme policy, including scrapping the CIO’s ability to approve increases in capital commitments to SMAs.
The firm has more than tripled its deployment of LP capital through mandates over the past three years as investors seek to avoid the additional fees associated with primary funds of funds.