Public Pensions Turn to Private Assets in 2018
Expected lower return environment spurs interest in private equity, real assets.
Tag: Private Equity
CalPERS Planned Private Equity Program Could Grow Quickly
Official says system could easily commit $10 billion in just five years via direct investment organization.
MainePERS CIO Deliberates Withdrawal of PE Commitments
Effort seeks to ‘rebalance’ portfolio.
Private Equity Boosts Wellcome’s 2018 Returns
The star asset class’ 20.2% gains raises Trust’s value to $38.4 billion.
Future Fund’s PE Leaders Leave to Start Their Own Firm
Veterans Steve Byrom, David Simons, and Jasmina Osmanovic look to model venture after Hamilton Lane of ROC Partners.
Newsmakers
NYC Appoints Former White House Private Equity Expert as CIO
Alex Doñe will provide direct investment advice to the five New York City Retirement Systems.
Newsmakers
NYC Comptroller Crowns New Private Equity Chief for Investment Bureau
David Enriquez will handle city’s $12 billion PE portfolio, which spans its five pension systems.
CalSTRS Details $4.7 Billion Private Equity and Real Estate Commitments
A total of 25 managers received 26 commitments in the last half of the 2017-2018 fiscal year.
CDPQ, Colombia to Launch Private Equity Infrastructure Fund
Platform will invest up to $1 billion in Colombian infrastructure projects and companies.
Newsmakers
San Francisco Pension System Commits More than $900 Million to Private Markets
The plan has committed more than $3 billion overall in 2018 to private markets as CIO William Coaker Jr. builds up the alternatives portfolio.
Pension Funds’ Appetite for Private Equity Grows
Asset class is top choice for US, UK public pensions in Q3
CalPERS Starts Fiscal Year with Burst of New PE Commitments
If CalPERS can keep pace, it could surpass the $5.3 billion in private equity commitments in the prior fiscal year
CalPERS Global Equity Program Gets a ‘B’
It was a much better grade than the CalPERS Investment Office, which got a ‘D’ because of turnover in senior management.
CalPERS Scraps Outsourcing Private Equity Program
BlackRock and other investment firms were vying to manage all or part of the largest private equity program in the US.
New CalPERS CIO Can’t Start Until January
Yu Ben Meng’s start date is being held up by the Chinese government, which could delay a vote on the launch of a $20 billion direct private equity investment organization.