Pensions

Infra secondaries buoyed by strong pricing despite capital constraints – II Global Summit

Infra secondaries doesn’t have enough dry powder to cover one year of potential transaction volume given its modest capital overhang, Macquarie’s Wandy Hoh said at PEI Group’s Infrastructure Investor Global Summit 2026.

Maine outlines plan for cutting private equity target, GP relationships

The pension fund is set to make its second cut to its PE target in four years, with the LP suggesting it may make secondaries sales in specific scenarios.

CPP Investments will mull secondaries sales to ‘trim older exposure’

The pension giant aims to deploy about C$20bn into private equity this year, global head of PE Caitlin Gubbels tells PEI.

MassPRIM to expand secondaries capabilities in 2026

The $123bn pension system’s latest ambitions follow the creation of a GP-led-focused investment role in 2024.

Report: UK pensions could sell up to £8bn on secondaries market in the next year

More than 60% of defined benefit pension scheme advisers and trustees expect these pensions to utilise the secondaries market to sell illiquid assets, according to a report from MeltX and Mallowstreet.

Connecticut sees scale as a ‘competitive advantage’ in secondaries

The US pension plan is targeting a 5-15% exposure to secondaries and committed a total of $400m to two HarbourVest vehicles.

CPP discloses commitment to CVC’s single-asset, two other secondaries deals

The deals add to what has been a busy year for the Canadian pension, which has been an active participant on the buy and sellside of the secondaries market.

MainePERS considers secondaries sales for its natural resources portfolio

The pension plans to streamline its real asset portfolio and aims to meaningfully reduce its GP relationships over the next three years.

Minnesota SBI gives CIO power to commit up to $750m to secondaries deals

The change in the investment policy will streamline the SBI’s investment process and keep it in line with the policies of its peers, according to its CIO.

Minnesota SBI commits $300m to Blackstone SMA

The vehicle will invest in a variety of strategies, including secondaries.