A panel of LPs discuss trends and themes in private equity, including the use of secondaries to rebalance portfolios.
The system’s early focus on secondaries should bring back cash quickly.
The system also has a slot for a growth-stage venture capital fund.
'Our strategy is getting copied almost note for note,' said chief investment officer Jase Auby.
The system’s consultant sees distributions returning to form over the next year.
The fund has already made three investments.
The private equity behemoth now holds $902bn in AUM.
The system plans to commit $385m to PE in 2024.
The system plans to commit to Franklin Park’s latest co-investment fund.
The system recently changed its policy to allow for quick commitments to continuation funds.
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