PennSERS sells 13 PE deals amid new changes
Decreasing
exposure to private markets, CIO Ben Cotton disclosed changes in his portfolio last week.
Decreasing
exposure to private markets, CIO Ben Cotton disclosed changes in his portfolio last week.
Markets Group has conducted a comprehensive survey following our 11th Annual Texas Institutional Forum, gathering insights from leading allocators at prominent Public Pension Funds, Endowments, Foundations, and Corporate Pension Funds. The findings reveal how Texas institutional investors are capitalizing on emerging credit and real estate opportunities, stepping in as banks scale back due to tighter regulations. With a focus on direct lending, distressed debt, and specialized strategies, investors are navigating complex markets to secure liquidity and attractive returns amid a questionably volatile economic landscape.
Last week, our Private Equity San Francisco 2024 forum brought together over 400 private equity leaders from across the U.S. to explore the latest opportunities and challenges defining the future of private markets. From in-depth discussions on liquidity and secondaries to cutting-edge insights on AI’s role in transforming investment strategies, this was far from your typical PE gathering. It felt more like a deep dive into the strategies and innovations that will shape the industry for years to come.
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.
Our reporter Muskan Arora sat down with the
CIO Chad Jacobs to dive deeper into the private equity and venture capital
opportunities identified by the system. Over the years, he has had continued
focus in Asian private markets and considers partnering with GPs speaking the
native language of the region as essential.
The $523.5bn system reveals 2025
plans for its real estate, private equity and infrastructure plans, amid new
commitments.
As retiring baby boomers create more demand, Callan’s David Smith dives
deep into healthcare, one of the darlings of PE allocations in the current
environment. He opens up about sub-sectors and sub-strategies which work well
for the allocators and discusses how technology has driven healthcare
to its full potential. Catch him talk about manager selection, PE investments
and more.
Last week, our Private Equity Europe London 2024 forum gathered over 300 private equity powerhouses from across the European region to dive deep into the opportunities—and obstacles—shaping the future of private equity. From heated discussions on navigating fundraising in choppy waters to tech-driven innovation reshaping the industry, this wasn’t your average PE event. It was more like a masterclass in the art of the deal.
The
$44bn pension plan has made commitments to its RA, PC and PE sleeve across June
to August
This white paper offers a glimpse into the strategies employed by institutional investors across the Great Plains, where liquidity has become a cornerstone of their approach. Investors are bracing for Federal Reserve actions while positioning public equities to continue to perform well. The paper also touches on growing trends such as sustainable investing and liability-driven investments (LDI), shaping long-term resilience in the region.