Gregg Gethard
Bregal Sagemount eyes final close on fourth fund.
The journey away from fossil fuels in portfolios will hit some potholes.
The $6.7 billion retirement system also seeks a diverse fund of funds manager.
Despite headwinds and impending markdowns, foundations are drawn to the returns PE and VC have gained over time
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No details were provided on how Oregon will reduce its allocation to PE, which ranks as the system’s largest asset class.
PE has posted robust returns over the decade for the pension system, but valuations are anticipated to fall in the coming months, according to an investment committee presentation by Meketa.
ESG and impact investing organizations are taking note as America’s fourth biggest pension system acts against the movement.
Stormy clouds for private equity marks are starting to emerge.
Strong returns defy expectations in a volatile economy.
Retirement comes as PE faces a critical crossroads.