LPs

The system sees inefficiencies – and deals to be had – at the lower end of the marketplace.

Has the fundraising market found a level of footing? StepStone’s data suggests this is a possibility.

The State of Wisconsin Investment Board and Florida State Board of Administration both expressed unfavourable views on NAV-based instruments on a webinar hosted by PEI Group.

Private equity has an outsized interest in professional sports. The NFL’s private equity commitments are the inverse of that trend.

Lead Edge also incorporates a secondaries strategy to buy stakes in companies it is targeting.

Bain has raised over $2bn for its latest fund.

The California system is ramping up its private equity program after a spike to its target allocation.

The system is considering new relationships and emerging managers next year.

The system will also look to reduce its overallocation to venture capital.

The system is also launching a much-discussed co-investment vehicle.