Dietrich Knauth

Pledges to Asia-focused funds, a direct-lending strategy Doubled investment in direct-lending fund that it added to portfolio in April Budget chief Villa succeeds Executive Director Ewer Montana Board of Investments at its recent meeting reviewed four private equity commitments totaling $160 million and named a new executive director. The board, which manages $11.3 billion in retirement-system […]

Why is this important: LASERS has previous commitments with both selected managers AUM: $11.5 bln 13.6 pct allocation to private markets; 15 pct target NEPC helped source commitments Contact for a meeting: Tonja Normand, tnormand@lasersonline.org  Louisiana State Employees’ Retirement System at its August meeting committed $200 million across two private markets investments. The $11.5 billion pension committed $125 […]

13.6 pct allocation to private markets; 15 pct target Has previous commitments with both selected managers NEPC helped source commitments Louisiana State Employees’ Retirement System at its August meeting committed $200 million across two private markets investments. The $11.5 billion pension committed $125 million to DoubleLine Mortgage Opportunities Fund and $75 million to GoldenTree Distressed […]

OIC AUM: $103 bln; Oregon PERF: $79 bln Why this is important: Oregon uses increased PE delegating authority for first time Oregon Public Employees Retirement Fund committed up to $450 million across four private equity investments using its newly increased authority to commit up to $350 million without the full investment council’s approval. Oregon Investment […]

Oregon PERF boosted delegated authority for PE commitments Invests up to $350 mln with Hellman & Friedman Also committed $100 mln to three GGV funds Oregon Public Employees Retirement Fund committed up to $450 million across four private equity investments using its newly increased authority to commit up to $350 million without the full investment […]

PSP is expanding its distressed investing capabilities ahead of a turn in the cycle Francis Blair previously handled large distressed investments at Solus Alternative Asset Management PSP’s debt group will also make direct investments and co-investments Public Sector Pension Investment Board hired Francis Blair, former managing director at Solus Alternative Asset Management, beefing up its ability […]

Illinois Teachers increased target for buyouts Will rethink reliance on fund-of-funds manager for Asia Opportunistic secondary sales will help refocus on core managers and increase liquidity     Teachers’ Retirement System of Illinois is planning to explore secondary sales, increased co-investments and a focus on Asia in its private equity portfolio next year. The $51.3 […]

Illinois Teachers increased target for buyouts Will rethink reliance on fund-of-funds manager for Asia Opportunistic secondary sales will help refocus on core managers and increase liquidity Teachers’ Retirement System of Illinois is planning to explore secondary sales, increased co-investments and a focus on Asia in its private equity portfolio next year. The $51.3 billion system […]

8 pct target to PE; actual allocation 7.7 pct Commitment target for year $6 bln; total so far $2.7 bln Blackstone, TPG got largest H1 commitments Largest manager relationships: BX and Carlyle Why this is important: Consultant Meketa sees No. 1 public pension on track to meet pacing target California Public Employees’ Retirement System pledged […]

CalPERS shoots for $6 bln in commitments this year Largest commitments to Blackstone and TPG Commits $50 mln to emerging-manager program California Public Employees’ Retirement System pledged $2.7 billion across 10 commitments to eight private equity firms in the first half, putting it on track to meet a $6 billion goal for the year, according […]