The firm’s latest dedicated secondaries fund is almost halfway toward its $1bn target, Secondaries Investor has learned.
1 min read · 03 August 2016
A decline in crude oil prices, the S&P 500’s worst ever start to a year, Brexit and growth fears in China all contributed to the drop in deal volume, estimated at $12bn.
2 min read · 28 July 2016
In its annual review, the $773bn Abu Dhabi sovereign wealth fund reported a 20% drop in its assets managed externally.
2 min read · 25 July 2016
Shawn Winnie told Secondaries Investor he is leaving his position as a senior portfolio manager at the $65bn pension to provide advice to LPs free of charge.
3 min read · 25 July 2016
The firm expects steady early secondaries dealflow thanks to opportunistic sellers, succession planning issues and allocation changes, according to managing director Roland Reynolds.
2 min read · 19 July 2016
Florida’s State Board of Administration has committed more than $1bn to secondaries vehicles since 2010. Secondaries Investor caught up with John Bradley, senior investment officer at the $180bn pension, about why it lowered its allocation target and how LPs see secondaries.
1 min read · 18 July 2016
The $17bn pension fund wants to hire a manager to help it achieve diversification across vintage year, industry sector and strategy type.
1 min read · 04 July 2016
Secondaries and funds of funds are proving the most popular strategy choices for the nation’s corporate pension funds, according to a survey by JPMorgan Asset Management.
2 min read · 30 June 2016
The pension fund, which has an 11% allocation to private equity, said it will be working with policy makers and regulators to protect the interests of long-term investors.
2 min read · 30 June 2016
The $180bn pension manager, which is currently underweight to secondaries, has dropped its target for the strategy from 12.5%.
2 min read · 29 June 2016
