Dietrich Knauth
Largest commitment to H&F’s Capital Partners IX PE portfolio: $603 mln distributions in recent quarter Renewed accord with consultant Aon Hewitt New York State Teachers’ Retirement System committed $700 million to four private equity funds in the third quarter. The retirement system, which manages $115 billion in assets, made its largest commitment of the quarter […]
Why this is important: System mulls raising commitment caps and, for first time, considers secondaries AUM: $17 bln; PE target is 14 pct Los Angeles City Employees Retirement System approved a 2019 strategic plan recommended by its new consultant, aiming to significantly speed up pacing, rethink limits on commitment sizes and consider secondary sales as it […]
Plans to commit an additional $100 mln to $150 mln in ’18, up to $550 mln next year System considers raising commitment caps LACERS mulls secondaries, a first for the system Los Angeles City Employees Retirement System approved a 2019 strategic plan recommended by its new consultant, aiming to significantly speed up pacing, rethink limits on […]
$200 bln pension assets, 6 pct allocated to PE $2.5 bln pledged to PE in fiscal ’18, up from $1.6 bln $240 mln in ’18 went to emerging-manager program New York City Pension Funds committed $2.5 billion to 12 private equity funds in fiscal 2018 ended in June, according to the city comptroller’s annual financial […]
6 pct target allocation to PE; actual 7 pct 3 PE commitments to managers system had previously backed Biggest pledge: Hellman & Friedman IX, which closed on $16 bln Florida State Board of Administration in the third quarter committed $925 million to private-markets strategies, selecting two buyout funds, one secondary strategy, two debt funds and a […]
OCERS increased PE target to 10 pct from 8 pct Plans more exposure to buyouts, which currently make up 26 pct of PE portfolio $175 mln new pledges to Vista, Monroe, H&F Orange County Employees Retirement System voted to lift its private equity allocation to 10 percent from 8 percent, planning to build a portfolio that […]
Why is this important: State pension funds above target allocation to buyouts and VC State is a bit behind annual commitment pacing for private markets AUM: $79.43 bln Target allocation for buyouts and venture: 8.25 pct; actual 9.49 pct Target for debt-related PE: 2 pct; actual 1.22 pct New Jersey Division of Investment committed up to […]
NJ committed to JLL Partners fund two years after selling stake in earlier fund State pension funds are above target allocation to buyouts and venture capital State is bit behind its annual commitment pacing for private markets New Jersey Division of Investment committed up to $300 million to two private-markets strategies, investing in small and middle-market […]
Why this is important: State mulls commitment to fund that emphasizes diverse, emerging and state-based funds AUM: $30 bln PE target allocation: 11 pct State moves ahead with $100 mln VC commitment Contact: Denise Nappier’s office: +1 860-702-3010 Connecticut State Treasurer Denise Nappier is considering a $50 million allocation to Connecticut Private Equity Horizons Fund, which focuses […]
Mulling commitment to fund that emphasizes diverse, emerging and state-based funds Previous investments to fund have generated a 7 pct IRR, underperforming target State also moves ahead with $100 mln venture capital commitment Connecticut State Treasurer Denise Nappier is considering a $50 million allocation to Connecticut Private Equity Horizons Fund, which focuses on small and mid-market funds […]