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
Stakes in mature funds managed by top quality GPs delivered greater returns than younger vintages, according to a study by PERACS.
2 min read · 16 November 2015
The former Willowridge professional launched Connecticut-based Kline Hill Partners and has already started raising its debut fund.
2 min read · 10 November 2015
The Boston-based firm is targeting $450m for its Permal Private Equity Opportunities V, which already has a commitment from Dallas-Fort Worth International Airport Retirement System.
1 min read · 09 November 2015
Growing competition for underlying assets are the biggest challenge for primary GPs but will create future opportunities for secondaries, according to Investec’s GP Trends 2015 report.
2 min read · 09 November 2015
The firm’s seventh venture capital fund of funds will make some secondaries investments in funds and companies.
2 min read · 05 November 2015
The Paris-based firm also hired a former Evercore professional for the new team in New York.
1 min read · 04 November 2015
Inexperienced auditors investigating complex partnerships was one concern raised at the inaugural pfm Tax Forum in Boston.
2 min read · 30 October 2015
The California pension fund responds to a letter sent to it by State Treasurer John Chiang calling for legislation on fee disclosure.
2 min read · 16 October 2015
New rule proposals on succession planning and fiduciary duties are in the works, SEC chair Mary Jo White revealed.
2 min read · 05 October 2015
