A secondaries sale would allow the $79bn pension fund to remove a connection with controversial payday lender ACE Cash Express.
1 min read · 29 September 2015
Ajit Singh comes from the investment division of the United Nations Joint Staff Pension Fund, where he served as chief risk officer.
1 min read · 28 September 2015
The recent stock market volatility in Asia, particularly in China, is a boon to the private equity secondaries market in the long term, according to one investor.
2 min read · 22 September 2015
Secondaries buyers and sellers seek more transparency and independence in valuation reporting.
2 min read · 21 September 2015
LACERA is seeking to verify that costs associated with its private equity investments are aligned with its limited partnership agreements.
2 min read · 18 September 2015
The $29bn pension fund is an investor in several secondaries funds including those of Industry Ventures and Lexington Partners.
2 min read · 17 September 2015
Pension funds in Europe started investing in private equity later than their US counterparts and don’t yet have a strong need for portfolio management.
3 min read · 16 September 2015
Kelly left Pomona in August and is starting as a partner at New York-based Farol this month.
2 min read · 16 September 2015
With a degrading macro and a stock market plunge, investors may have to face some old daemons such as the denominator effect, which may reappear on CIOs’ agendas, explains Thomas Liaudet, a partner at Campbell Lutyens’ secondary advisory team.
3 min read · 08 September 2015
General partners – with and without troubled funds – are increasingly seeing the secondaries market as a fundraising tool.
3 min read · 04 September 2015