The deal overtakes Alaska Permanent Fund's $1bn sale of a portfolio of stakes to Strategic Partners in July last year, Secondaries Investor understands.
The $95bn state pension had an 11.1% allocation to private equity over a 7% target prior to the transaction, according to Secondaries Investor data.
Village Global has backed stake-trading start-up Liquidly, which plans to open its first liquidity window in Q4.
The $81bn sovereign wealth fund is considering hiring an adviser to feel out pricing in the secondaries market, CIO Marcus Frampton said on Tuesday.
Academic Cyril Demaria and Greenhill's Bernhard Engelien debate the role of secondaries in portfolio construction and what LPs should bear in mind.
The US public pension is also under-allocated to secondaries versus its target, due to the denominator effect.
Community organisers cited the secondaries firm's 2019 investment in Pretium Partners, whose portfolio company HavenBrook is facing scrutiny.
The firm's outlook and performance were outlined in documents obtained from the Minnesota State Board of Investment.
The South Korean public pension fund has backed Brookfield's latest investment strategy.
Suyi Kim, previously head of Asia at the Canadian pension giant, has been named to lead its private equity unit globally.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: