The $16bn state investor sold stakes in Summit Partners and TA Associates funds and has said it is considering future sales.
2 min read · 17 August 2016
The five-year plan is made of six strategic initiatives, including one focused on private equity fee and profit-sharing transparency.
2 min read · 17 August 2016
The US’ largest public pension has brought almost $10bn in private equity and real estate fund stakes to market since 2007 and shows no signs of slowing.
3 min read · 15 August 2016
This will be the eighth global office for the Canadian pension giant, which bought a $1bn portfolio of private equity fund stakes from Australia’s sovereign wealth fund at the beginning of the year.
1 min read · 12 August 2016
The US’ largest public pension disposed of 46 fund interests with 24 managers and made $450m in proceeds during the period, according to a consultant’s report.
2 min read · 10 August 2016
The global investment firm is seeking double the target of its predecessor secondaries fund, according to documents from a US pension which also revealed the fund’s terms.
2 min read · 01 August 2016
A decline in crude oil prices, the S&P 500’s worst ever start to a year, Brexit and growth fears in China all contributed to the drop in deal volume, estimated at $12bn.
2 min read · 28 July 2016
Shawn Winnie told Secondaries Investor he is leaving his position as a senior portfolio manager at the $65bn pension to provide advice to LPs free of charge.
3 min read · 25 July 2016
Florida’s State Board of Administration has committed more than $1bn to secondaries vehicles since 2010. Secondaries Investor caught up with John Bradley, senior investment officer at the $180bn pension, about why it lowered its allocation target and how LPs see secondaries.
1 min read · 18 July 2016
The Dutch pension administrator, an active buyer on the secondaries market, has beefed up due diligence and scenario analysis in the wake of the Brexit referendum.
3 min read · 05 July 2016