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CalPERS reaffirms commitment to PE
Two days after its chief investment officer hinted at possible cuts in private equity allocations, the Californian pension’s investment committee chair and board vice-president has said in a note on the pension’s website that the asset class is ‘essential’.
EDITOR'S VIEW
EDITOR'S CHOICE
CPPIB shops $1bn portfolio – exclusive
The private equity portfolio is diversified by vintage and region, Secondaries Investor has learned.
Headway to hold first close on HIP IV – exclusive
The firm is looking to hold a first close in July, Secondaries Investor has learned.
Partners Group combines secondaries and primary businesses
Andreas Baumann will take global responsibility for both units amid a wider reshuffle in top management.
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Coller offers liquidity to LPs in Avista staple – exclusive
The secondaries firm will offer to acquire LPs' stakes in three funds in a process run by UBS.
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