Expected to be a durable opportunity for the foreseeable future, DPI trades are being actively pursued by hybrid strategies.
Texas Teachers’ has formed a special committee to replace the longstanding CIO, who will depart following a cancer diagnosis.
The lower mid-market is ‘structurally superior to the upper mid-market/mega-cap private equity market,’ managing partner Rob Wolfson told Buyouts.
Much of the conversation around PennSERS’ private equity portfolio is indicative of the dramatic shift in the state of the private markets over the last five years.
Investment in the sector has risen dramatically in the past five years.
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.