The US pension has committed $150m to each of the firms’ latest private equity funds and is also considering buying and selling on the secondaries market.
1 min read · 10 December 2018
SOF IV is targeting $100m more than its predecessor and has a 10% hurdle rate, according to documents prepared for a US pension.
2 min read · 07 December 2018
The C$153bn pension is the latest North American institutional investor to bring a huge bundle of stakes to market.
2 min read · 06 December 2018
The strategy has returned 14.6% since inception, though high pricing and competition is causing the pension to lower its expectations, according to senior investment officer John Bradley.
2 min read · 05 December 2018
Ardian has become the latest private markets firm to open an office in a country whose institutional investors are hungry for private markets.
3 min read · 03 December 2018
The pension, which was set to explore a secondaries sale over the summer, is considering a $150m commitment to the Blackstone unit’s Fund VIII.
1 min read · 22 November 2018
University of Michigan endowment’s sale is the latest in a series of large divestments by North American institutional investors.
2 min read · 15 November 2018
The $16.7bn US pension wants to reduce its number of GP relationships.
2 min read · 14 November 2018
As the pension discusses the final plan for its revamped PE programme, we look at how it can hit its target annual deployment range, including through secondaries opportunities.
3 min read · 13 November 2018