The state pension plan has invested in two previous Metropolitan funds.
1 min read · 18 November 2015
The retirement system said it is restructuring and rebalancing its private equity programme and has already reduced its number of GPs to 100 from 132.
2 min read · 16 November 2015
The pension plan, which has $62bn in assets, is an existing investor in Coller funds.
1 min read · 16 November 2015
New Mexico Educational Retirement Board (NMERB)’s deputy chief investment officer explains why the pension set up a separate account with Siguler Guff to focus on secondary investment opportunities in distressed debt and special situations.
3 min read · 06 November 2015
Lexington invested out of its $10bn LCP VIII vehicle, the biggest secondaries fund ever raised.
2 min read · 05 November 2015
The LP trade body is asking how to account for co-investment fees and other costs as part of its quest to standardise fee reporting.
2 min read · 26 October 2015
Merely trading LP positions won’t address deep problems of funds that haven’t raised new capital for at least eight years, explains Joncarlo Mark, founder of Upwelling Capital Group.
3 min read · 21 October 2015
Hamilton Lane, Pomona and Northwestern Mutual all purchased parts of the interests in CCP VII and CCP VIII.
2 min read · 20 October 2015
There are many challenges to US pension plans becoming more active buyers in the secondaries market, but it’s the full pricing that’s really holding them back.
2 min read · 16 October 2015
SEC inspectors are reaching out directly to investors, asking about their interpretations of certain LPA items, according to panellists at the 2015 PE/VC Finance and Compliance Forum.
2 min read · 13 October 2015
