CalSTRS to rollout a new consultant search RFP
The
pension plan will review a RFP for its general consultant search in the
upcoming meeting
Meketa
San Joaquin discloses private equity and private credit plans
With the support of consultant
Meketa, the system has $40m within its PE left to allocate and $130m to its PC
sleeve for the year.
Teachers’ Retirement System of Illinois Appoints Ghiané Jones as Deputy Chief Investment Officer
The Teachers’ Retirement System of Illinois (TRS) has appointed Ghiané Jones as the new deputy chief investment officer, starting from October 10.
Investing in Private Equity in ’23 Could Prove Challenging to Over-Allocated Institutions
Expected shortfall in distributions and tough
secondary market may lead to reduced commitments.
CalSTRS and CalPERS Look to Significantly Increase Co-Investing; Other Public Pension Funds See Potential in Strategy
Potential
to reduce fees paid to PE managers and generate strong returns spurs
institutional investors to find ways to collaborate with firm managers.
Institutions Grappling with Overallocation to Private Equity
As
the denominator effect hits more institutions than usual, it may crimp investors
and make it more difficult for GPs to raise funds.