Marine Cole
The SEC’s Igor Rozenblit explains why some end-of-life fund situations can create conflicts of interest, particularly in terms of fees and expenses.
Dry powder is also concentrated within the industry with the top 20 players managing more than 80 percent, according to Evercore.
Doñé previously led private equity for the city’s public pension system and will add infrastructure and real estate to his responsibilities.
Graven Larsen previously served as CIO of Denmark’s ATP. In his new role, he’s replacing Neil Petroff who retired from the Canadian pension plan in June.
The firm has decided to roll its energy/infrastructure investment efforts into its broader secondaries business.
Funds raised grew by 40 percent between June and October to $37.07 billion.
The new office is its second office in North America after New York.
In a meeting last week the pension fund discussed the possibility of selling its stake on the secondaries market.
Hundreds of private equity relationships for a very small team are simply not manageable, UC Board of Regents CIO says.
Traditional secondaries buyers are increasingly selling on the secondaries market to actively manage their portfolio.