Dietrich Knauth

Why is this important: Oregon overallocated to PE; focuses pledges in Europe, big buyouts, more PE target: 17.5 pct; allocation 21.3 pct AUM: $104 bln Contact: Treasurer Tobias Read: +1 503-378-4329 and oregon.treasurer@ost.state.or.us Oregon Treasury committed $675 million to private equity funds in the past month, backing managers focused on Europe, financial services, energy and large […]

$75 bln state pension overallocated to PE, at 21.3 pct PE target is 17.5 pct Pacing plan: pledge of $2.5 bln to $3.5 bln in 2019 Oregon Treasury committed $675 million to private equity funds in the past month, backing managers focused on Europe, financial services, energy and large global buyouts. The treasury, which manages […]

DuPont doesn’t adhere to strict pacing targets After departures, private markets team is up and running Led by Antonis Mistras After a handful of senior departures in its private markets team last year, DuPont Capital says it is back to full strength and business as usual. DuPont Capital manages both the DuPont Pension Trust and […]

$150 bln pension has 13 pct target to PE Weighs proposals to add 1 pct or 2 pct to target New allocation to be sent for board approval in July Teacher Retirement System of Texas is considering a modest increase in its private equity allocation, seeking to improve expected returns without sacrificing too much liquidity. Texas […]

Why is this important: State added Siguler Guff as second GP; April PE pledges are all for the year AUM: $4.4 bln PE target exposure up to 10 pct from 2 pct Contact: TRE.VPICInquiries@vermont.gov    Vermont Pension Investment Committee at its April meeting committed $150 million to two private equity funds, deepening its relationship with HarbourVest and […]

$4.4 bln pension added second GP to PE roster Pledged $150 mln to secondaries, small buyouts State recently lifted PE target to 10 pct from 2 pct Vermont Pension Investment Committee at its April meeting committed $150 million to two private equity funds, deepening its relationship with HarbourVest and adding a second GP to its portfolio. […]

AUM: $132.3 bln PE: $21.3 bln Target allocation to PE: 23 pct Contact the board: +1 360-956-4600 or recep@sib.wa.gov Washington State Investment Board committed $2.6 billion to private markets, including a two large re-ups and a new partnership with a renewable energy fund. At its April 18 meeting, Washington reported three commitments under delegated staff authority and […]

 Staff made two $750 mln commitments under delegate authority, choosing Blackstone and Advent Washington State approved a new partnership with Geronimo, a green-energy company owned by National Grid National Grid and WSIB jointly own solar and wind projects developed by Geronimo Washington State Investment Board committed $2.6 billion to private markets, including a two large […]

Hark Capital, which raised a $200 mln credit fund in 2017, lends to PE-backed companies Hark’s credit funds provide liquidity for portfolio company improvements after LP capital is exhausted Liquidity and competition continue to be top-of-mind for PE investors Doug Cruikshank is head of fund financing and Hark Capital at Aberdeen Standard Investments, where he […]

Why this is important: Missouri school pension system slows PE pacing for 2019 AUM: $44 billion PE allocation: 10.8 pct; target: 12 pct Contact: +1 800-392-6848 Missouri school pension system plans to commit up to $825 million to private equity funds and co-investments in 2019, after committing more than $1 billion to the asset class in […]