Justin Mitchell

The $262bn pension had signaled earlier this year that is was interested in applying its "Collaborative Model" to private equity opportunities amid the covid crisis.

SERS staff says the directives were in response to a 2018 report calling for more transparency from the fund.

Virtual work has allowed some LP staffs to work more closely together as they conduct virtual due diligence, according to a Buyouts webinar panel.

The $75bn pension fund will use the accounts to harness the resources of all three firms to evaluate opportunities in the aftermath of the covid market disruption.

Keeping the Republican Party in charge of the Senate is seen as critical for the PE industry in light of a recent push from progressives to go after the industry.

The $414bn pension fund's interim CIO and PE consultant both came out against any pause in the program following the departure of former CIO Ben Meng.

Interim CIO says Q2 valuations have shown improvement over the fund's Q1 numbers, but will not be finalized until the end of this quarter.

The $111.5bn pension can now make co-investments in public companies, stretch into emerging markets and potentially take controlling interests in companies.

Private equity returns dipped earlier in the year, but it remains one of the strongest-performing asset classes for the $75bn fund.

The fund has already attracted commitments from MassPRIM and Louisiana Teachers.