LPs warm to permanent-capital vehicles, despite some resistance from pensions

private equity, limited partner, permanent capital, pension fund
Downtown San Diego. Dancestrokes/iStock/Getty Images
Why this is important: permanent capital vehicles may be well-suited for LPs' long-term investment portfoliosPermanent-capital vehicles are gaining traction with limited partners. Public Pension Capital, founded by former KKR Partners Perry Golkin and Mike Tokarz, had raised at least $786 million for its debut evergreen fund by April. Backers of the fund include San ...

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