Annabelle Ju
Originally falling short of a 15% target to private equity, the California-based pension fund has now surpassed it.
GPs will soon be outpriced for blockbuster deals in Africa, but plenty of opportunity remains further down the market, predicts Africa valuations specialist Rory Ord.
A venture capital fund backed by industry professionals will work with three UK charities focused on education and employment for underprivileged youth.
Michael Beblo served as director of alternative investments at PA SERS for nearly eight years.
The pension fund has a pacing plan to build up to its 10% target.
In his previous role, James A. Perry restructured the PE portfolio at Texas Tech University System.
The pension fund currently allocates 2.9% to PE, short of its 6% target.
The fund has registered Oaktree European Capital Solutions Fund and Oaktree European Principal Fund IV.
The pension fund has been committing between $400m and $500m to alternative assets every year.
The LA pension fund may commit up to $90 million to four new PE funds in the remainder of 2015.