CalSTRS Returns 9% for Fiscal Year
Private equity is system’s best-performing asset class at 13.8%.
Tag: Private Equity
CalPERS Moves Closer to Naming New CIO
Approval for new private equity direct investment organization could also be only several months away.
California Comptroller Concerned over Capital for Underserved Areas
Board questions how CalPERS can still help areas after end of California Initiative.
Malaysian Asset Manager Launches Private Equity Unit
New business unit has been two years in the making.
Asset Allocation
Abu Dhabi Investment Authority Buys 21% Stake in Top UK Pensions Firm
Sovereign wealth fund aiming to hit 2-8% private equity target.
Eliopoulos: Without Direct Investment Model, CalPERS’s Private Equity Class Will Shrink
CIO tells investment committee there aren’t enough top-tier firms to invest in to sustain growth.
‘Billion Dollar’ Private Equity Club Accounts for 52% of the Industry
Asset class faction and interest has grown by almost 50 members since last year.
Asset Allocation
Mass. Pension Fund Tops List of Private Equity Earners
CalPERS, Washington State Investment Board invest the most funds to the space.
Ohio Teachers’ Plan Nabs 20% Stake in New York Tower
Retirement system joins Allianz and Kuwait Investment Authority as Hudson Yards investors.
Research
Report: University of Montana Endowment Allegedly Invests in Tax Havens
Paradise Papers reveal $30 million invested in offshore hedge funds and private equity firms.
Exclusive: Eliopoulos Discusses Details of CalPERS SoftBank-Styled Plan for PE and VC
Critics express fiduciary concerns.
Washington’s Home State Investments up 29.5%
Private equity saw the biggest drop, 9.6%.
Alternatives
Energy Infrastructure May Be on the Horizon for Norges Bank
Unlisted private, infrastructure investments barred by Ministry.
CDPQ to Expand In-House Private Equity Team
Pension aiming to cut outside PE costs, boost Singapore office.
LACERA Explores PE Sale
RFP says $1.25 billion of private equity assets could be sold at a secondary sale.