Aaron Weitzman

Strong private equity activity this year has helped boost Wisconsin Investment Board’s private equity portfolio on track to easily surpass its benchmark returns.

Jim Coulter, founding partner of TPG, worries about the ides of October, but in the long-term is optimistic that the biggest industrial revolution ever is underway: the decarbonization of the economy.

'Software is a productivity enhancing tool and these tools have a lot more value if there's labor inflation, because they allow you to do more with less labor,' according to Thoma Bravo co-founder Orlando Bravo.

The platform investment was originally planned to be an add-on to Falfurrias' Sauer brand platform, but will stand on its own as the firm actively seeks add-ons for its newest acquisition.

VRS has been steadily increasing allocation towards PE, had an 8.8% allocation in 2011 and is now up to 15.6%.

The system formed new relationships with Hellman & Friedman and TA Associates.

The board approved doubling its private equity target allocation to 12%.

Sacramento County Employees’ Retirement System increased its PE allocation to 11%, also adding a 15% target growth equity sub-strategy.

The firm’s recent exit of The Planet Group generated a strong return that will likely help its fundraising efforts.

More LPs consider ESG standards as one of many factors in potential commitments, but generally it's not risen to the level of being a deciding factor when backing a manager.