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Gregg Gethard

Co-investment and secondaries funds may be coming into vogue as retirement systems try to reduce fees and take advantage of a volatile market.
The misuse of common practices in the private equity industry could allow misalignment between LPs and GPs.
trust, parcel, baton
Board members referenced recent remarks from a Danish CIO that compared private equity to a ‘pyramid scheme.’
The system won’t sell any assets to meet its target despite the denominator effect’s impact.
Pennsylvania state capital, Harrisburg, PA
Public pension systems that are overallocated due to the denominator effect and market volatility are expected to produce a flood of fund stake sales.
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