An eventual uptick in distributions will lead to higher pricing, which will see a larger proportion of opportunistic LPs coming to the market, managing director Jake Stuiver tells affiliate title Secondaries Investor.
The flood of private wealth into private equity has raised major concerns among traditional institutional sources of capital, according to an LP panel at PEI Group's NEXUS 2026 summit in Orlando.
The pension will look to increase its exposure to both the European market and secondaries in 2026.
More visibility on portfolio company data will help the $613.7bn US pension better manage its risk, according to CEO Marcie Frost.
Joined by global peers, Mike Lazorik of Texas TRS tells delegates at PEI Group's NEXUS 2026 event that LP-GP alignment ‘has never been more complicated.’
Two reports released in the last month show university endowments are in generally strong financial condition, even as Princeton looks to cut its return expectations.
The pension has been actively pursuing opportunities in the secondaries market over the past few years.
While evaluating whether the more holistic approach to investments would be suited for the $230bn pension, the CIO said he was dubious about expected outperformance under the new approach and other suggested benefits.
The €27bn retirement fund is more relaxed about investments in private equity than infrastructure in the US, says head of private capital and real assets Jeppe Starup.
The California pension’s board, after voicing skepticism about the fund’s increasing PE exposure last month, grilled its consultant on subpar near-term performance.