A key objective of the firm’s GP staking is to help LPs secure access to leading venture and growth managers.
The increase to the private equity asset class is a rare uptick for a steady and reliable part of the pension's portfolio.
Deeper moves into private credit would be both an offensive play and a defensive rotation while private equity recovers, according to Sanford Rich, executive director of the NYC Board of Education Retirement System.
For San Mateo County, a major reason for creating a co-investment fund is the promise of improving performance from the private equity asset class.
Hybrid capital appears to be having a moment. The strategy’s knack for complex deals at a time of market disruption is juicing demand – including among liquidity-strapped GPs.
The fund’s target size marks a modest increase from Fund VI, which closed on $1.5bn in 2022.
SingleSpoke plans to apply AI to traditional mom-and-pop businesses, starting tech-forward platform companies and using M&A to add on legacy players.
Rising Point's decision early on to operate as an independent sponsor 'played a big part' in the success of Fund I, partner Michael Drai told Buyouts.
Today’s investors are looking beyond founders and titles to include people truly responsible for performance.
The launch of a dedicated vertical emphasizing national defense marks a 'significant milestone' for the firm, CEO David Moross told Buyouts.