After a Record-Setting 2021, Private Debt Fundraising Declines in First Half of 2022
Private debt fundraising has stagnated in the first half of 2022 amid an economic backdrop of rising rates, and a slowdown of global growth.
Private debt fundraising has stagnated in the first half of 2022 amid an economic backdrop of rising rates, and a slowdown of global growth.
Deals are expected to fall far short of 2021’s record-breaking level.
Portfolio beats benchmark thanks to a private equity allocation exceeding the pension fund’s ‘allocation range tolerance.’
The pension fund committed nearly $500 million to real assets during the month.
Despite the loss, the pension fund beat its benchmark by 53 basis points.
In a tough time for investments, the fund logs a 1% portfolio increase.
The $280 billion retirement fund allocates the majority of its $4 billion in total monthly investments to real estate funds.
The CPPIB invests $334 million for close to a 20% stake in food retailer D1.
The pension fund increases its private equity investments while cashing out $500 million within its public equity portfolio.
Fund reported 26 commitments and two terminations between February and May.
The $442 billion pension fund is shifting money out of public equity and into private equity and other alts.
But they still have a long way to go, with women making up just a quarter of investment teams, PineBridge poll finds.