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The world's third largest reinsurer has offloaded stakes in three buyout funds amid the implementation of Solvency II.
Gerard van Olphen joins the European pensions giant as chief executive.
The launch marks the industry’s first attempt to standardise fee reporting, the organisation said.
Anne Stausboll has served CalPERS as chief executive since January 2009, a time when the largest US public pension fund was experiencing turmoil from the financial crisis and an ethics scandal involving its former officials.
Sherwood Dodge will oversee the private equity programme, including secondary fund investments, at the $777bn Abu Dhabi sovereign wealth fund.
He previously led private equity for the city’s public pension system and will add infrastructure and real estate to his responsibilities.
A maturing secondaries market may help address some of the historic challenges preventing defined contribution retirement plans from investing in private equity.
Several secondaries professionals left large firms during 2015 to start their own ventures. Here's the 2015 best of people moves.
Singapore's $344bn sovereign wealth fund hired a former Pantheon exec in October and is seeking a secondaries professional for its Singapore office.
The pension fund's first foray into private equity sees $30m allotted to three secondaries funds.
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