The Blackstone unit is understood to be nearing the final close on its latest private equity secondaries fund.
1 min read · 07 December 2016
The commitment to Lexington’s latest mid-market secondaries fund is a re-up for the pension, which has invested at least $750m in the space since 2012.
1 min read · 05 December 2016
A senior investment officer at the $180bn pension previously said secondaries had become a “very useful portfolio construction tool”.
2 min read · 30 November 2016
Employees’ Retirement System of the State of Hawaii has backed Landmark’s latest private equity fund which is seeking up to $4.7bn.
1 min read · 28 November 2016
The state’s Educational Retirement Board has said it wants to acquire secondaries stakes in the the distressed debt and equity manager’s latest fund.
2 min read · 22 November 2016
The pension has more than halved the amount it paid in management fees and carried interest to secondaries funds over the last fiscal year.
1 min read · 21 November 2016
The largest US public pension fund paid $539m in profit sharing to private equity fund managers as it attempts to cull its number of external relationships.
3 min read · 17 November 2016
The state’s Board of Investments sold stakes in two private equity funds at a premium to NAV and did not use an advisor, meeting minutes show.
2 min read · 15 November 2016
The deal was part of the US’s largest public pension’s $2.7bn portfolio sale which is yet to completely close, Secondaries Investor has learned.
2 min read · 14 November 2016
US pension plans are torn between curbing private equity commitments or selling holdings to stay on target, and increasing their exposure to boost returns.
2 min read · 09 November 2016
