Tag: Public Equity

The pension giant also found that venture capital and growth equity have underperformed public equities.

The $254.1 billion pension giant also committed nearly $1 billion in July to a pair of investments within its credit portfolio.

Strong gains from public equity investments raise the portfolio’s asset value to $65.2 billion.

The C$250 billion pension fund also netted a 4.8% return for the 12-month period that ended June 30.

Following a weak 2022, the Government Pension Fund Global’s market value rose to $1.443 trillion at the end of June.

The portfolio’s market value dropped by more than $2 billion last year to $20.2 billion.

Nearly half of the commitments were made to three private equity funds.

Public equities and private debt were the top performers for the fund’s $462.8 billion portfolio.

Funded levels for US public pension funds rose nearly 2 percentage points to 78.2% during the second quarter.

The pension giant raked in $72 billion during the quarter thanks to its public equities portfolios.

Notable among the pension giant’s outlays was a $1 billion investment in a fund managed by Khosla Ventures.

The pension giant’s portfolio rose to $452.6 billion, but missed its benchmark by more than 100 basis points.

The pension fund’s C$69.1 billion portfolio was weighed down by fixed-income and public equity investments.

The new position is intended to help staff handle a growing workflow.