The system pioneered the master custodial account structure in 2012.
The system’s PE distributions and contributions have dropped dramatically over the past year.
The system earlier this year increased its target allocation to private equity.
'If LPs are not there to provide capital, GPs need to slow down their pace of deployment and potentially pass on more deals,' Eneasz Kadziela told Buyouts.
A proposed commitment to Insight’s 13th flagship fund has been mired in controversy.
The sovereign wealth fund is the latest institutional investor that could inject liquidity into the starved PE marketplace.
Changes at the US pension may nourish a starved PE market with capital.
One of the nation’s largest institutional investors may boost how much it will allocate to PE following a new state law lifting its cap on alternative investments.
The nation’s largest pension system continues the overhaul of its private equity program.
The move may add badly needed powder to a tight fundraising marketplace.