Investors

GP-leds account for just 3% of annual distributions to LPs – Ham Lane

Data from the consultant prepared for Teachers’ Retirement System of Louisiana shows the strategy still has room to grow.

ERS Texas sets pacing for FY 2025, precedent for use of continuation funds

The decision comes as part of ERS Texas’ continued commitment to the private equity asset class, bumping its fiscal year 2024 target up $50m from last year’s $600m targeted commitment.

CPP Investments backed stapled deal with healthcare-focused Avista

The Canadian pension giant also acquired interests in two co-investments as part of the transaction.

CPP Investments emerges as backer of Cinven single-asset CV

Secondaries Investor reported in March that Goldman Sachs and AlpInvest Partners were investors in the deal involving global life science ingredients distributor Barentz.

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.

Growing number of wealthy individuals getting into secondaries – Palico report

A recent Palico white paper found 36% of sellers on its platform this year are high-net-worth individuals, compared with just 11% last year.

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.

Where will future LP capital come from? High-net-worths, say buyers

Nine out of 10 secondaries firms expect to see more capital from wealthy individual investors in their next funds, according to research from Investec.

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.