Risk
Alaska Permanent Fund Increases 2.1% in First Fiscal 2019 Quarter
Private equity, infrastructure investments bring home the bacon while real estate takes a hit.
Tag: Private Equity
CalPERS Can’t Find Enough Private Equity Commitments
CalPERS consultant finds without a huge increase in new private equity commitments, the fund will see a declining allocation to the asset class.
Newsmakers
San Francisco Makes $1.1 Billion in Commitments, Mostly to Hedge Funds
Private equity, real estate, and natural resources funds also represented.
Asset Management Culture
Japan Investment Corp. Looks for Global PE Partnerships
State-backed firm’s CEO wants to end ‘prejudice’ against foreign private equity investors in the country.
Washington State Allocates Close to $3 Billion to Private Markets
Majority of commitments go to two private equity funds.
Newsmakers
Two Biggest Pennsylvania Public Pension Funds Underreported $3.8 Billion in PE Fees, Oxford Professor Says
State treasurer and lawmaker demand more transparency from debt-laden PSERS and SERS plans.
Asset Management Culture
Harvard Sells $950 Million in Warehouses to Blackstone
PE group targets portfolio’s last-mile properties as e-commerce businesses boom.
Asian Private Equity Funds Make Up 25% of Global Assets
Total assets under management hit $722 billion, with $246 billion in dry powder.
Risk
Virginia Retirement System Returns 7.5%
Private equity investments help increase fund’s market value to $78.6 billion.
CalSTRS Takes First Steps to Restructuring Private Equity
The pension plan is getting ready for investments out of the traditional limited partner-general partner fund structure, including increases in co-investments.
New Private Equity Model Could Push CalPERS Up in Global Ranks
Preqin data shows California system could become fourth-largest PE investor.
Exclusive: An Inside Look at CalPERS’s New Direct Private Equity Organization
Investments of $20 billion in two CalPERS-backed independent pension organizations would change the face of institutional investing in private markets.
CalPERS Advisor: As Tech Startup Model Shifts, Direct Investment Model Makes Sense
Fewer IPOs mean operational efficiencies rather than leverage become more important for private equity portfolio company exits, Sonsini says.
Risk
Maryland State Retirement System Returns 8% for Fiscal 2018
Private and public equities lead the way with double-digit gains.
Record PE Growth Spurred by More than $1 Trillion in Dry Powder
Private equity AUM rises to more than $3 trillion.