State of Wisconsin Investment Board’s private equity portfolio improved by 520bps amid commitments to fewer managers and sales of stakes in non-core managers.
2 min read · 03 October 2019
The strategy has returned 15.5% since inception, as the pension fights pressure on returns by co-investing with its secondaries partners.
2 min read · 02 October 2019
The firm will offer private equity, real estate, private debt and infrastructure products to clients and has recruited the Conversus team to lead the effort.
2 min read · 25 September 2019
LPs are coming to accept that big discounts on entry don’t necessarily mean strong returns, an industry conference has heard.
2 min read · 18 September 2019
The Australian SWF has exited around $3.4bn of private markets investments in recent years, according to deputy chief investment officer Wendy Norris.
3 min read · 11 September 2019
Investors unaware of the potential pitfalls in the strategy face hidden dangers – here’s our deep dive into an issue that affects all areas of the market.
10 min read · 09 September 2019
Record-high transaction volumes mean that under US tax laws some LP stake transfers will not be permitted until 2022, according to a report by intermediary NYPPEX.
2 min read · 27 August 2019
Returns for secondaries funds rose slightly on a quarterly basis, but the strategy has performed below the All Funds benchmark across all periods, according to data from the Institutional Limited Partners Association.
2 min read · 20 August 2019
The South Korean government pension fund wants to commit $100m in total.
1 min read · 15 August 2019
As Hollyport seeks $750m for its latest flagship fund, we look at the terms of the fund and the niche secondaries specialist’s performance so far.
1 min read · 13 August 2019