Investors

As the pension discusses the final plan for its revamped PE programme, we look at how it can hit its target annual deployment range, including through secondaries opportunities.

Limited partners in the firm's 2010-vintage $400m co-investment vehicle can approve an extension or sell to a secondaries buyer.

The $9bn pension wants to invest in funds that provide more adequate liquidity protections in the event of an emergency, according to CIO Jang Dong-hun (pictured).

The strategy can be in the form of a commingled fund or a separately managed account and should invest in secondaries.

The pension fund is looking for law firms to help it exit private investments, according to a request for proposals.

The Dutch asset manager's new unit will be led by Abraham Tiamiyu, a portfolio manager and former associate at Pomona Capital.

The industry body is working to educate its members about potential conflicts in such transactions, says chief executive Steven Nelson.

Secondaries are part of the sovereign wealth fund's bid to increase its alternatives exposure by 5% over the next two years.

Subsidiary Azalea Asset Management had been acquiring stakes on the secondaries market with the intention of using them in its Astrea IV collateralised fund obligation.

The use of debt to delay capital calls saw HVPE’s distributions outweigh investments last year.