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LPs remain keen to allocate to PE even though the perceived risk to returns has risen materially, according to a survey by the secondaries firm.
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GIC is the world's second-biggest private equity investor with at least $43bn committed to private equity, secondaries, private credit and distressed debt.
Pennsylvania state capital, Harrisburg, PA
CIO Jim Grossman told the $63bn pension's board that staff would focus on slower private equity pacing to reduce its allocation for now.
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