British Airways Pensions appointed BlackRock as its outsourced CIO for around £21.5bn of its pension schemes’ assets last year.
2 min read · 28 October 2022
Board members referenced recent remarks from a Danish CIO that compared private equity to a ‘pyramid scheme.’
2 min read · 27 October 2022
Nordic mid-market buyout house Adelis Equity Partners has rolled in-vitro diagnostics company SSI Diagnostica into a single-asset continuation fund.
2 min read · 18 October 2022
Cathay Life Insurance tops the list of the largest known investors in secondaries, committing $2.42bn to funds with a vintage year of between 2016 and 2022.
2 min read · 17 October 2022
The system won’t sell any assets to meet its target despite the denominator effect’s impact.
2 min read · 17 October 2022
CDPQ is among several sellers who have chosen to test pricing in the market, rather than engage in a full-out secondaries auction to sell fund stakes.
3 min read · 12 October 2022
British pensions have been dumping liquid assets to free up cash due to the gilt crisis; whether they’re currently selling private markets holdings for the same reason is another question.
3 min read · 06 October 2022
The situation is an example of the challenges of completing LP portfolio sales in today’s market, with a widening gap between buyer and seller pricing expectations.
3 min read · 03 October 2022
Public pension systems that are overallocated due to the denominator effect and market volatility are expected to produce a flood of fund stake sales.
2 min read · 28 September 2022
