Fees rise slightly at Montana even as reliance on funds-of-funds falls
Montana Board of Investments paid its private equity fund managers more than $26.4 million in [...]
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Louisiana Teachers’ sees private-market allocation rising as much as 14 pct to $1.6 bln
Teachers’ Retirement System of Louisiana might commit as much as $1.6 billion to private-market funds over the [...]
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San Francisco PE program nets 15.8 pct, surpassing benchmark
San Francisco Employees’ Retirement System’s private equity program has netted a 15.8 percent internal rate [...]
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Fund investments still dominate for CalPERS over long term
Fund investments were the top-performing strategy of California Public Employees’ Retirement System’s private equity program [...]
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LP Scorecard: Union Square, Varde, Wingate, return boatloads of capital to UTIMCO
During a recent nine-month period, funds managed by Union Square Ventures, Varde Partners and Wingate [...]
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NYS Teachers’ builds PE program through new relationships
New York State Teachers’ Retirement System is building out its private equity portfolio at a [...]
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Wisconsin backs small, midsized firms with Q2 commitments
State of Wisconsin Investment Board is continuing to allocate the bulk of its PE commitments [...]
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Words of Wisdom: Thomas H. Lee keynotes Buyouts conference
By Sarah Pringle, Alastair Goldfisher and Chris Witkowsky Looking back on a life of private [...]
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Florida commits $200 mln to Levine Leichtman in $1 bln-plus Q2
Amid a huge second-quarter making private equity commitments, Florida’s state pension system kicked in $200 [...]
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LA City extends Portfolio Advisors, prepares timeline for new RFP
Los Angeles City Employees’ Retirement System formally extended its contract with private equity consultant Portfolio [...]
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Pension Bridge: LPs, GPs wary as PE market nears, breaks records
Private equity firms and their investors are readying their portfolio companies and investment programs for [...]
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Iowa sees pushback on adoption of ILPA template for PE fees, expenses
Less than a third of the private equity funds in Iowa Public Employees’ Retirement System’s [...]
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Chart of the Week: Many LPs skip funds because of terms
The power balance between LPs and GPs in private equity swings back and forth like [...]
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Q2 Fundraising: LPs pour into the megas as U.S fundraising hits $82 bln
U.S. private equity raised $85 billion in the second quarter, a 67 percent surge that puts [...]
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Chart of the Week: Fees present largest area for improvement to LPs
Some things never change. LP frustration about fees is the perennial complaint in private equity. [...]
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PE nets 17.2 pct for CalSTRS, smashing benchmark
California State Teachers’ Retirement System’s $16.9 billion private equity portfolio returned 17.2 percent over the [...]
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LACERS to move Bain impact fund out of emerging manager portfolio
Los Angeles City Employees’ Retirement System will slide its commitment to Bain Capital’s social-impact fund [...]
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CalPERS PE misses mark but helps boost overall portfolio return
California Public Employees’ Retirement System’s investment portfolio returned 11.2 percent in the 2016-2017 fiscal year, [...]
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