Investment Allocations

The cost of impact investing remains an obstacle to attracting GP talent and catalysing LP capital.

The PE portfolio's growth in FY2025 appears to be its largest jump since FY2021.

The UK insurer, part of Phoenix Group, is readying a default strategy for pension members that aims to build a 25% allocation to private markets.

Pension funds and insurers – as well as GPs – are revising documentation to permit investment into assets that are off limits for many.

A key concern is that a GP may not have market-tested the highest selling price of an asset, according to the $212bn pension's senior investment officer for PE.

The local government pension scheme pool, with over £50bn of committed client fund capital, is expanding its investment capabilities ahead of seven more funds joining its pool.

A GP needs specialist knowledge to find the best opportunities in the defence sector, says Claus Jørgensen, chief investment officer at Denmark's PenSam.

Steep discounts to NAV and a slowdown in exits have likely contributed to a rash of secondaries processes involving listed PE trusts.

Jaime Alvarez, head of PE and sustainable infrastructure, tells PEI the £36bn fund is bullish on Asia and explains why it could implement an evergreen structure despite questions about conflicts within this burgeoning community.

NOW: Pensions is set to enter private equity and other alternative asset classes, potentially alongside Mercer, director of investment Martyn James tells PEI.