Marine Cole

The firm, founded about two years ago by two former Gores Group managing directors, closed its first fund 20 percent above its target.

In a new study, Partners Group addressed several key hurdles related to the inclusion of private equity in defined contribution pension plans.

Law firm Dechert wrote in its latest private equity newsletter that both investors and regulators are beginning to focus more on disclosure surrounding the use of lines of credit.

The US public pension plan is considering investing in a special purpose vehicle to make private markets investments, bypassing external general partners.

The new director, who joined the investment firm in 2011, has quickly risen through the ranks of the firm.

Pomona chief executive Michael Granoff talks about US politics, retail investors and the importance of being an intense listener.

PEI sat down at the beginning of the year with the Massachusetts Pension Reserves Investment Management Board’s CIO Michael Trotsky and its director of private equity Michael Bailey to discuss one of the best performing PE programmes in the US.

Fundraising figures for 2016 are already higher than the previous year, and include three funds closing above the $10bn mark.

The California pension plan also increased its interim allocation to real assets to 13% from 12%.

The fund, which targets food and agribusiness companies mainly in China, will close above its $400m target.