Preeti Singh

The firm expects to hold the first close on its latest fund, targeting $8bn, by the end of June.

Employees’ Retirement System of Texas and Teachers’ Retirement System of Louisiana are already over-allocated to private equity.

Hahn & Company III is expected to close by the end of June and has already amassed $2.1bn, US pension documents show.

PEI speaks with senior investment officer Jonathan Popielarski about the types of fund stakes the US pension wants to buy so it can hit its 11% target allocation.

Technology, fundraising challenges and trade wars were on the menu at the pre-eminent gathering of emerging markets private equity insiders.

The Brazil-focused fund closed amid a tough fundraising environment for emerging markets private equity firms.

Lower returns in recent years have caused investors to pull back, leaving these regions ripe for investment, the Carlyle co-founder said.

Sectors that have benefited the most from tech include logistics, cold storage, consumer branding, healthcare and fintech, according to the IFC's global head and chief investment officer for private equity funds, Maria Kozloski.

Greg Ruiz will join the pension system this summer from Altamont Capital Partners, filling a role that has been without a permanent occupant since Réal Desrochers left in 2017.

The impact investor’s third fund is 75% larger than its predecessor and has already made five investments.