The $120bn pension manager wants to exit ‘low conviction’ vehicles across private markets investments including real estate, private equity and funds of funds.
2 min read · 29 March 2017
The pension exited two funds in February and is under contract to sell 10 more private debt and real estate fund stakes worth $88.91m by the end of March.
3 min read · 10 March 2017
Low pricing deterred a sale of certain ‘illiquid’ assets held in a portfolio the US pension began managing in January.
2 min read · 02 March 2017
The troubled US pension has sold 11 fund stakes across buyout, energy and growth strategies since accepting bids in November.
2 min read · 17 February 2017
The $10.3bn pension also disposed of a growth equity fund stake and was considering reducing its fund of funds exposure, meeting documents show.
2 min read · 13 February 2017
While secondaries advisory volume was up year-on-year, the investment bank’s capital advisory revenues were hit by Brexit and market uncertainty.
1 min read · 08 February 2017
The disposal comes after the US’s largest public pension reduced ties with 24 managers through sales in FY2016.
2 min read · 07 February 2017
The French firm’s US head was speaking at an industry conference in Cannes also attended by AlpInvest Partners, Hamilton Lane and Montana Capital Partners.
3 min read · 25 January 2017
The $600m portfolio comprises two mandates from Pantheon and Pathway Capital Management, Secondaries Investor has learned.
2 min read · 19 January 2017
The $4bn defined benefit pension has previously committed to vehicles managed by Lexington Partners and W Capital Partners.
1 min read · 16 January 2017
