LP Sales

The Californian pension, which is planning to target lower risk strategies, is exploring the sale of fund interests from its $26bn real estate holdings.

The Canadian pension giant has emerged as the buyer of stakes in Apollo Global Management and Blackstone-managed funds, Secondaries Investor has learned.

The $16bn state investor sold stakes in Summit Partners and TA Associates funds and has said it is considering future sales.

The US' largest public pension has brought almost $10bn in private equity and real estate fund stakes to market since 2007 and shows no signs of slowing.

Almost all LPs who responded to PEI's Brexit survey said they were not considering selling stakes in UK or Europe-focused funds.

Florida's State Board of Administration has committed more than $1bn to secondaries vehicles since 2010. Secondaries Investor caught up with John Bradley, senior investment officer at the $180bn pension, about why it lowered its allocation target and how LPs see secondaries.

The state employees’ retirement system is mulling a sale from its $2bn illiquid assets portfolio.

Partners Group acquired stakes in two Asian and three European-focused opportunistic vehicles from the $20bn sovereign wealth fund.

The private equity portfolio sale by the US' largest public pension has attracted 'a ton of bids' from a broad range of potential buyers, Secondaries Investor has learned.

The pension, which is planning to commit $1.5bn to private equity this year, will not re-up into some funds.