The troubled pension was expected to approve the sale, which includes private equity and real assets stakes, on Thursday.
2 min read · 09 December 2016
A senior investment officer at the $180bn pension previously said secondaries had become a “very useful portfolio construction tool”.
2 min read · 30 November 2016
The state’s Board of Investments sold stakes in two private equity funds at a premium to NAV and did not use an advisor, meeting minutes show.
2 min read · 15 November 2016
The deal was part of the US’s largest public pension’s $2.7bn portfolio sale which is yet to completely close, Secondaries Investor has learned.
2 min read · 14 November 2016
US pension plans are torn between curbing private equity commitments or selling holdings to stay on target, and increasing their exposure to boost returns.
2 min read · 09 November 2016
OPTrust, which manages Canada’s 10th largest public pension, had previously signalled it was considering opportunistic sales of private equity assets.
2 min read · 02 November 2016
The Californian pension, which is planning to target lower risk strategies, is exploring the sale of fund interests from its $26bn real estate holdings.
2 min read · 26 October 2016
The Canadian pension giant has emerged as the buyer of stakes in Apollo Global Management and Blackstone-managed funds, Secondaries Investor has learned.
2 min read · 11 September 2016
The $16bn state investor sold stakes in Summit Partners and TA Associates funds and has said it is considering future sales.
2 min read · 17 August 2016
The US’ largest public pension has brought almost $10bn in private equity and real estate fund stakes to market since 2007 and shows no signs of slowing.
3 min read · 15 August 2016
