Based in New York, Annabelle Ju covers North American institutional investors and fund regulation as the US Private Equity Reporter for Private Equity International and private funds management. She previously reported on market structure at Bloomberg and obtained her Master of Science degree from Medill School of Journalism at Northwestern University.
Private equity performance for Canada's largest pension, which had C$59bn in the asset class at 31 March, was boosted by higher returns in the domestic and foreign developed market segments.
The $315bn pension plan wants its internal PE investment team to focus on identifying skilled managers rather than worrying about meeting the target asset allocation.
The pension exited two funds in February and is under contract to sell 10 more private debt and real estate fund stakes worth $88.91m by the end of March.