Pensions

CPP Investments taps Caitlin Gubbels to lead global private equity

In taking over from Suyi Kim, Gubbels will become the Canadian giant’s second consecutive female private equity head.

Alameda County pension to speed up roll process for private credit continuation funds

The new policy would let ACERA’s staff make the decision to roll existing assets or portfolios into continuation funds if that falls in line with ACERA’s financial consultant’s recommendation.

NY State Teachers’ pension weighs shift to smaller buyout focus

The decision to increase small/medium buyouts’ portfolio share falls in line with other large public LPs.

How CDPQ used the secondaries market to address overallocation

Martin Longchamps, head of private equity at the $319bn Canadian giant, discusses how secondaries sales helped bring the pension’s PE allocation back on target.

Dutch pension MN part of wave of big LPs seeking liquidity

The deal is part of a series of large LP sales driven by liquidity concerns, the need to rebalance investment exposures in investment portfolios and strong pricing for high-quality private markets funds.

LP sales update: secondaries provide relief to a market under pressure

LPs are turning to the secondaries market to address liquidity constraints amid improved pricing, as compelling supply/demand dynamics and structural innovations help fuel LP-led dealflow.

BNP insurance arm looks to offload portfolio worth up to €800m

The €255bn unit of French financial giant BNP Paribas Group wants to sell a bundle of private equity and infrastructure stakes, Secondaries Investor has learned.

APG pulls plug on multibillion-dollar portfolio sale

The Dutch pension giant had brought a portfolio worth $2bn-$3bn to market, Secondaries Investor reported in June.

LPs’ views will shape the future of the continuation fund market

The sponsor-initiated secondaries market will hit a stumbling block if incumbent LPs’ needs and wishes aren’t prioritised over those of incoming ones.

Canadian pension IMCO closes large LP portfolio sale

Some LPs not in need of liquidity use the secondaries market as a way to tweak their portfolio’s construction, which is the case with IMCO.