Brett Johnson
Secondaries has become a popular portfolio management tool for large US endowments like Yale and Harvard.
LACERS CIO Rodney June: ‘The opportunity set has grown’ in private equity secondaries market as $26bn pension eyes potential participation.
The $3bn University of Nebraska Foundation sees ‘some value’ as a buyer in syndicated portfolio sales comprising 50 fund stakes, according to CIO Brian Neale.
CIO of $6bn Midwest pension would prefer the system remain 'more of a buyer than a seller' when it comes to private equity funds.
With peers facing substantial portfolio challenges, the $30bn endowment is urging restraint in what its leaders say is an environment for endowments akin to 2008’s financial crisis.




