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HVPE, a listed fund of funds that invests in and alongside HarbourVest-managed funds, transitioned to the main market of the LSE last year.
The $25bn pension fund is pulling back its commitment level to private equity to avoid the denominator effect as its overall fund is growing more slowly than expected.
The $34bn asset manager is bolstering its San Francisco office after raising nearly $1bn for infrastructure and natural resources in a year.
The C$287.3bn pension fund also reached a new high for its overall asset value.
The customised accounts represented 8% of its overall PE portfolio, which now sits at $26bn.
The New York-based investment bank has to meet Volcker Rule standards, which requires banks reduce their private investment interests to 3% of their tier 1 capital by the new July 2017 deadline.
These would-be private equity investors have yet to commit wholeheartedly to the asset class, but if they did the impact would be significant.
Brian Hughes, who heads the $180bn pension fund’s private equity team, on the value of diversification in the face of global macro headwinds.
As part of our summer LP special, we count down the five LPs who will probably 'sit out' your next fund.