Home Investors

Investors

CPPIB secondaries team has ‘most active year’ since inception

The Canadian pension giant invested C$4.2bn in the strategy last year, which will remain a 'key focus'.

New Mexico SIC advised to invest in agri and timber secondaries

Advisor Townsend recommends the $24.3bn sovereign wealth fund to turn its attention to 'unique situations' such as secondaries.

Californian pension seeks PE partner with secondaries know-how

Stanislaus County Employees’ Retirement Association, which has $2.1bn in assets, will gain its first PE exposure through the creation of a private investment programme.

Renegotiating the LPA: basics

Proskauer's Nigel van Zyl explains the key commercial, legal and investor relationship issues GPs need to consider before amending the agreement's provisions or restructure funds.

City of Fresno seeks PE exposure

The City of Fresno Retirement Systems is seeking a fund manager to construct a $120m private equity 'fund of one' which can include secondaries.

Colorado becomes latest US pension to mull secondaries

The $50bn pension fund has made exploring the secondaries market, as a buyer and seller, a key strategic priority.

Secondaries is Florida SBA’s second-best strategy

The strategy, which is run by Ardian and Lexington Partners, delivered a 16% return since inception for the $210bn US pension.

Ardian pivots to mandates as LPs shun primary FoFs

The firm has more than tripled its deployment of LP capital through mandates over the past three years as investors seek to avoid the additional fees associated with primary funds of funds.

Most LPs bearish towards secondaries

LPs from Canada, Norway and Benelux are all expecting to raise their deployment to secondaries, according to research by Rede Partners.

AlpInvest, Ardian take PEI’s secondaries awards

Bumper fundraising, stapled deals and preferred equity were some of the themes in the awards for 2017.

Copyright PEI Media

Not for publication, email or dissemination