Alfie Crooks

The potential adoption of this strategy follows in the footsteps of CalPERS, which implemented a total portfolio approach this past November.

Chris Eckerman, who had spent the past 12 years at SWIB, will lead up TPSF’s efforts to expand into the co-investment space.

With some of US’s largest private equity allocators set to publish their FY 2025 returns, early reports paint a curious but hopeful picture of the investment landscape.

The LP may look to err on the side of caution as it looks to commit between $600m and $1bn to the asset class.

While the pension has been a net buyer of secondaries in the past, poor distributions from private equity assets in these particular vintage years would cause the LP to look at opportunistic sale processes of certain managers.

Despite the uncertain landscape, ILPA’s senior leadership insists that its members are sticking to their current portfolios and taking a long-term outlook on the volatility.  

GPs may begin to pare back their co-investment offerings as appetites shrink among investors.

A proposed increase of the size and scope of the existing US endowment tax will likely force many endowments to increase their commitments to private equity.

LA Fire and Police Pension is not alone in sudden concern for an acronym that has become a flashpoint of controversy in America’s culture wars.

Los Angeles Fire & Police Pension Fund board members questioned whether the fund should remove the DE&I title attached to its emerging managers report, as fears of legal backlash from political opponents of the DE&I movement ramp up.