Gregg Gethard

"LPs may need to make some hard choices about committing capital in 2023, as allocations are already stretched—so fundraising will continue to be elongated."

Public systems are reviewing PE pacing as they face overallocations and potential writedowns in the portfolio.

LPAC seats offer systems many advantages – if they can obtain one.

Retirement systems ponder their next steps in setting targets in a volatile climate.

Council members asked investment staff for more allocation options due to liquidity concerns.

Insight Partners launched its 13th flagship in August.

Nearly 85% of LPs expect a reduction in distributions over the next year, Rede Partners’ report said.

'It’s pretty hard to find private assets without fake marks in this environment,' said one source in the secondaries market.

'I’m as bearish on private equity as I ever have been in my career. We just haven’t seen the correction in private equity like we have in public markets,' says Alaska Permanent’s CIO Marcus Frampton.

“We are an organization where we are still kind of in the early innings of developing the muscle of being able to do direct investments,” said CalPERS CIO Nicole Musicco.