LACERS Poised to Invest Less in Private Equity in 2023
System will look to launch co-investment program and
do more internationally.
private equity
Private Equity Drags Down CalPERS’ Results
Program’s private equity program reports a loss, leads to restatement of year-end numbers .
CalSTRS Sees Co-Investing Accounting for a Third of PE Deal Flow in Two to Three Years
Effort to do more such deals is driven by a desire to
reduce costs by $300 million annually.
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.
Head of Equities Departing from Ontario Teachers’ Pension Plan
Karen Frank’s plans after
two years in the role are not known.
University of North Carolina and NC State Each Generate Positive Returns
Third
school in Research Triangle, Duke University, posts a 1.5% loss.
Dalio Family Office Lands YMCA Retirement Fund’s Head of Private Investments
Ivan Manolov spent nearly 11 years at YMCA Fund.
New York State Teachers Pulls Back on PE, Real Estate in ’23, Eyes Infrastructure for First Time
System reducing pacing plans for two sectors – despite
strong gains from both.
CalPERS’ Head of Private Equity Departs
Greg Ruiz joins Jasper Ridge Partners after helping ‘turn
around’ CalPERS’ PE program.
New Mexico State Investment Council Hits Annual Commitment Target for Private Equity
Sovereign
wealth fund backs three sector funds and also commits to infrastructure and
distressed lending funds.