The $12.5 billion
The limited partner is not leaning toward any particular sub-strategies, said Lopez. As of March, the pension fund’s actual allocation to private equity stood at 5.8 percent, or $752.6 million, with an allowable range of 8 percent to 12 percent.
The plan sponsor recently hired
In March, the LP considered pledges totaling $50 million to two mid-market buyout funds but decided not to vote on the commitments until it had hired a private equity consultant. Being considered was a $25 million pledge to Houston-based
Last year, despite the turmoil caused by the Aldus Equity fiasco, the LP managed to commit more than $150 million to various buyout funds, including $23.5 million to