The $10bn system set a 5% target for its new private equity portfolio, with 75% of that intended for secondaries.
2 min read · 20 February 2023
Secondaries Investor catches up with John Bradley, senior investment officer at the $218bn US pension, to discuss the SMA’s target returns and why it chose to work with Aegon Asset Management on the account.
2 min read · 26 January 2023
The $33bn system adds flexibility in making a secondaries purchase, perhaps indicating the system sees an opportunity in a dislocated market.
2 min read · 23 January 2023
The investment firm is managing $200m from HESTA in a fund of one to invest alongside impact and sustainable private equity managers.
2 min read · 10 January 2023
The $217.5bn US pension set up an SMA with Aegon Asset Management last year and has been bidding on energy fund stakes.
3 min read · 14 December 2022
Defined contribution schemes in the UK are forecast to grow to more than £1trn in assets by 2030.
4 min read · 29 November 2022
The former head of alternative investments at healthcare provider Kaiser Permanente is expected to focus on growth equity, VC and secondaries activity.
3 min read · 24 November 2022
The portfolio is understood to comprise private equity, credit, growth and infrastructure stakes in a Campbell Lutyens-advised process.
2 min read · 23 November 2022
Co-investment and secondaries funds may be coming into vogue as retirement systems try to reduce fees and take advantage of a volatile market.
2 min read · 15 November 2022
