The $7bn Californian pension has allocated two-thirds of its portfolio to private assets and has previously committed to secondaries funds.
1 min read · 04 September 2016
This is the pension’s first commitment to funds managed by the VC secondaries firm, which amassed $700m for its latest dedicated platform in June.
1 min read · 24 August 2016
The C$287bn pension fund also reached a new high for its overall asset value.
2 min read · 18 August 2016
Some GP-led deals fail due to a lack of trust, and GPs should be completely transparent about any benefits they receive, according to law firm Proskauer Rose’s Howard Beber and Michael Suppappola.
4 min read · 18 August 2016
The $16bn state investor sold stakes in Summit Partners and TA Associates funds and has said it is considering future sales.
2 min read · 17 August 2016
The five-year plan is made of six strategic initiatives, including one focused on private equity fee and profit-sharing transparency.
2 min read · 17 August 2016
The Institutional Limited Partners Association reiterated its stance after Republican presidential nominee Donald Trump said he would raise tax on carried interest.
3 min read · 15 August 2016
Tail-ends and funds of funds were the only strategies buyers were willing to pay more for during the first quarter of 2016, according to a report by Triago.
2 min read · 27 June 2016
The California retirement system wants to hire a firm to help it achieve its private equity and credit allocation target, including through opportunistic secondaries.
1 min read · 06 June 2016
With strong pricing in the most established part of the secondaries market – the sale of LP fund interests – professionals discuss how to produce attractive returns in the sector.
3 min read · 12 May 2016
