Alfie Crooks

VCERA’s chief investment officer, Dan Gallagher, recommended launching the new program next year, starting with a $20m allocation.

LACERA will be allowed to commit up to 35% of its private equity allocation to secondaries or co-investments, and up to 20% of the allocation to funds of funds.

Pennsylvania Public School Employees’ Retirement System's sale included stakes in funds managed by New Mountain Capital, Apollo Global Management and Platinum Equity.

The Canadian province’s legislature, led by premier Danielle Smith, dismissed AIMCo’s CEO, Evan Siddall, along with three other board members last Thursday.

The sale comprised 13 fund investments, eight of which held vintages of 2013 or earlier, with the funds offloaded for an adjusted purchase price of $737.1m, according to documents seen by Buyouts.

Senator Casey’s concerns stem from Anchor Hocking’s acquisition of the Charleroi Pyrex glassware plant from Corelle Brands after the cookware company exited its bankruptcy proceedings.

The $72.5bn retirement system gave a verbal update during its October 24 investment committee meeting that it had closed a deal on September 30.

The $93bn system has operated with a growing private equity overweight for the last six years, after being dramatically affected by the denominator effect.

SWIB says it expects to increase its private equity and debt commitment pacing to reduce the system’s excess liquidity.

Buyouts spoke with a spokesperson for the New Mexico State Investment Council to better understand its pacing and co-investment strategy.