Alfie Crooks
Data from Buyoutsโ Investor Report H1 2026 reveals that public pensions decreased their allocation to the asset class more than any other LP type.
Andrew Rothโs departure follows the exit of his co-head, who left shortly after it was reported that the LP would cut back on its private equity allocation.
The employee-owned multi-family office is nearing its 30th anniversary, and continues to be eager to differentiate itself from its competitors.
The pension plan is hoping to reduce its allocation to buyout assets, increase its liquidity and cull โinactiveโ GP relationships.
The growth equity GPโs chairman speaks to Buyouts about growing a business and adapting to AI disruption.
The pension fund aims to invest more in firms that are insulated from artificial intelligenceโs expansion, while also scrutinizing firms that make acquisitions with higher leverage.
The firm blew past its $2.5bn target for its sixth equity opportunities fund.
The pension fund will look to temporarily increase its allocation to the asset class, as it expects an opportunity to buy up software assets bought at peak multiples that face depressed values and a debt maturity wall.
While the hot new portfolio model might not be for everyone, LPs may have to adapt or fall behind when it comes to total portfolio approach.
The pension fund has run a $4bn per year deficit and is hoping to remedy the cash drain with its new commitment plan.










