The sale is one of several that hit the market since the second half of 2021, when traditional LP portfolio sales came surging back into the market.
2 min read · 02 February 2022
The CalPERS sale is among a slew of traditional LP portfolio sales to hit the market since the fall, with prices high and buyer interest piqued by more diversified investments.
3 min read · 07 January 2022
Strong currents also point to much more opportunistic buying and selling, according to affiliate title Private Equity International’s LP Perspectives 2022 Study.
4 min read · 07 December 2021
The $49bn state pension cited the glut of dry powder and new entrants into PE driving a desire to consolidate manager relationships.
2 min read · 11 November 2021
The deal marks the second time in four months a large global investor has taken outside capital to free up its balance sheet.
3 min read · 03 November 2021
GP-led deals accounted for a majority of transaction volumes in the first half – don’t bank on a repeat.
2 min read · 28 October 2021
Japan’s regional banks have been expected to be a key source of secondaries dealflow after piling into alternatives over the past decade.
3 min read · 28 October 2021
The $25.3bn US public pension wants to sell private equity fund stakes and divest of non-strategic relationships, documents show.
2 min read · 26 October 2021
The $95bn state pension had an 11.1% allocation to private equity over a 7% target prior to the transaction, according to Secondaries Investor data.
2 min read · 25 October 2021
The deal, which involved buying fund stakes from Aberdeen Standard Investments, is the first of size for ICG’s LP funds team, led by two ex-Pomona executives.
3 min read · 06 September 2021