CalPERS Gives $500 Million to New Private Equity Fund of Funds
GCM Grosvenor will oversee private equity emerging managers.
Tag: Private Equity
Asset Allocation
New York Appropriates $1.2 Billion in Direct and Indirect Investments
Institution continues strong focus on real estate and private equity, terminates global equity account.
New CalPERS Board Member Has Serious Concerns About Private Equity Plan
Jason Perez is also skeptical about ESG investing, a focus that most individuals on the CalPERS board support.
CalPERS Discloses Names of Potential Candidates to Run New Private Equity Organizations
Two former Silver Lake officials could have a future at the CalPERS-backed investment organizations.
Asset Allocation
New York Allocates over $1.9 Billion of Capital
Particular focus given to Asia-specific strategies.
Public Pensions Turn to Private Assets in 2018
Expected lower return environment spurs interest in private equity, real assets.
CalPERS Planned Private Equity Program Could Grow Quickly
Official says system could easily commit $10 billion in just five years via direct investment organization.
MainePERS CIO Deliberates Withdrawal of PE Commitments
Effort seeks to ‘rebalance’ portfolio.
Private Equity Boosts Wellcome’s 2018 Returns
The star asset class’ 20.2% gains raises Trust’s value to $38.4 billion.
Future Fund’s PE Leaders Leave to Start Their Own Firm
Veterans Steve Byrom, David Simons, and Jasmina Osmanovic look to model venture after Hamilton Lane of ROC Partners.
Newsmakers
NYC Appoints Former White House Private Equity Expert as CIO
Alex Doñe will provide direct investment advice to the five New York City Retirement Systems.
Newsmakers
NYC Comptroller Crowns New Private Equity Chief for Investment Bureau
David Enriquez will handle city’s $12 billion PE portfolio, which spans its five pension systems.
CalSTRS Details $4.7 Billion Private Equity and Real Estate Commitments
A total of 25 managers received 26 commitments in the last half of the 2017-2018 fiscal year.
CDPQ, Colombia to Launch Private Equity Infrastructure Fund
Platform will invest up to $1 billion in Colombian infrastructure projects and companies.
Newsmakers
San Francisco Pension System Commits More than $900 Million to Private Markets
The plan has committed more than $3 billion overall in 2018 to private markets as CIO William Coaker Jr. builds up the alternatives portfolio.