Gregg Gethard

Differences between LPs start to emerge on tightened rules.

Many pension funds are increasing PE stakes as annual returns remain strong.

1996 State Law Requires Fund to Eliminate Unfunded Liabilities by 2028

Elimination of preferred treatment could even the playing field but have other consequences.

Experts say US-focused, non-tech, mid-market funds could do well in volatile environment.

Optimism on PE reigns after successful 2021, but several factors could soften valuations.

SWIB recently expanded the range of its target for added flexibility.

Presentations from HarbourVest and Pantheon show strong returns from secondaries as the niche market moves into pricing uncertainty.

The fund is an example of the kind of specialized strategy that has been attracting attention from limited partners that are overburdened with re-ups from established firms.

As public markets have swung wildly amid inflation and supply chain woes, along with geopolitical shocks, private valuations have stayed generally high, leading to unbalanced investment portfolios.