Justin Mitchell
The markets deliver a covid counterpunch as GPs break hard-caps, launch new products, change workflow and smash records.
The firm is aiming to grow its Opportunity Fund to $300m by the end of this year.
The $70bn pension's CIO said staff is prepared to handle the enhanced level of risk.
The $412bn pension's recent moves to integrate its PE activities and expand the program's global reach appeared to bear fruit in the 2020-2021 fiscal year.
The $22bn system was already underweight in private equity, but CIO Rod June assured the board it would be able to get to the target over the next few years.
Recently hired CIO Seth Kelly wants to think about the $34.8bn pension's public and private equity holdings in 'totality.'
C LaRoy Brantley's comments come as the $90bn pension seeks to conform to a new law requiring greater diversity among its investment managers.
Staff has discussed a 'benchmarking anomaly' that wreaked havoc with its reported returns during the height of the covid market chaos last year.
The sample for the survey conducted by law firm Seward & Kissel was made up of many different kinds of investors.
Capital Brands had a good product and the right ingredients, it just needed a better blend of marketing and management.