The pension has reduced its annual investment costs over the past five years.
2 min read · 23 May 2016
The legislation has been drafted in an effort to reduce SEC oversight of the private equity industry.
2 min read · 20 May 2016
The board of directors has chosen Mark Machin to lead the pension fund after Wiseman’s mid-June departure.
2 min read · 19 May 2016
Blackstone’s secondaries unit has raised more than $4bn through the main fund and an offshore vehicle.
1 min read · 18 May 2016
The private equity portfolio sale by the US’ largest public pension has attracted ‘a ton of bids’ from a broad range of potential buyers, Secondaries Investor has learned.
1 min read · 18 May 2016
The investment firm has sold a portfolio of fund stakes it had acquired on the secondaries market, making $184m in proceeds.
1 min read · 17 May 2016
The pension has made a $100m commitment to the Blackstone unit’s latest secondaries fund, saying the firm has an ‘excellent track record’.
1 min read · 17 May 2016
PJT Partners, the parent company of Park Hill Group that had employed Andrew Caspersen, who allegedly defrauded investors, will receive almost $6m back from insurance.
2 min read · 16 May 2016
The pension fund has continued its support of the two firms’ secondaries platforms with almost $400m in new commitments.
1 min read · 13 May 2016
With strong pricing in the most established part of the secondaries market – the sale of LP fund interests – professionals discuss how to produce attractive returns in the sector.
3 min read · 12 May 2016