PSERS Commits to 4 Funds, Puts in Place Plan to Reduce Private Equity, Private Credit and Real Estate Allocations
System is looking to ramp up its activity in
infrastructure.
System is looking to ramp up its activity in
infrastructure.
SFERS is enduring a tough 2022, thanks to steep
declines in public markets and fixed income portfolios.
CIO
Farouki Majeed sees benefits in switching away from hedge funds to private credit
and infrastructure.
System approves new asset
allocation target that increases credit and public equity while lowering real
estate and interest-rate sensitive strategies.
Study by KKR finds CIOs
are looking to increase exposure to illiquid investments but want ones
providing more upfront yields.
Credit
would account for nearly a quarter of the system’s portfolio under new asset
allocation plan.
Private
equity receives nearly half of the commitments.
Ohio Public Employees Retirement System, OPERS, Paul
Greff, NEPC, Private Credit.
Survey
says they are showing less interest in growth equity, new managers and Asia.
Jared Speicher set to head North American buyout
investing for MetLife.