Family offices and smaller pensions and endowments are turning to leverage to remain competitive when purchasing fund stakes in the secondaries market, according to Investec.
2 min read · 16 December 2015
With strong liquidity and subdued regulatory pressure on LPs to reduce private equity exposure, today’s sellers are predominantly using the secondaries market to re-balance portfolios, explains Landmark’s Ian Charles.
5 min read · 14 December 2015
The California pension plan reported that its fund managers have realised $3.4bn in shared profits, a number that industry practitioners fear will be taken out of context by media outlets.
2 min read · 25 November 2015
The firm selected by the State Universities Retirement System of Illinois will manage about $100m in total.
1 min read · 24 November 2015
The state pension plan has invested in two previous Metropolitan funds.
1 min read · 18 November 2015
The pension plan, which has $62bn in assets, is an existing investor in Coller funds.
1 min read · 16 November 2015
The $773bn sovereign wealth fund plans to close its only overseas office, a spokesman has confirmed.
1 min read · 10 November 2015
New Mexico Educational Retirement Board (NMERB)’s deputy chief investment officer explains why the pension set up a separate account with Siguler Guff to focus on secondary investment opportunities in distressed debt and special situations.
3 min read · 06 November 2015
The appointment of Anson, who served as CIO of CalPERS and the British Telecom Pension Scheme, will become effective in January.
1 min read · 30 October 2015
The secondaries market is a growth area for funds of funds that wish to stay relevant in the eyes of LPs, according to a new report.
2 min read · 28 October 2015