Performance

High valuations on entry and an onerous fee burden are causing investors to look elsewhere.

The $388bn pension fund will need to expand its core managers list and SMAs to reach its target allocation, consultant Meketa told the pension's board on Monday.

Private equity was one of the largest contributors to performance during the quarter for the Canadian pension giant.

Performance details of the firm's last five flagships were disclosed in pension documents obtained by Private Equity International.

In the final part of our series on private equity metrics, PEI examines why the internal rate of return can flatter to deceive.

In a Q2 earnings presentation on Wednesday the tech giant's founder said the firm had misjudged both the value and governance of the co-working business.

In the second part of our four-part series on private equity metrics, PEI examines how benchmarks are gamed from two different, relatively simple angles.

A lower annual pacing plan would lead to a reduction in co-investment opportunities and preferential treatment from GPs, according to November investment committee documents.

A tougher deal environment has made it challenging to consummate deals, and the quarter was a ‘low watermark’ for realisations, said co-chief executive Kewsong Lee.

Chinese private equity returns have been impacted by intense competition for technology assets across the Asia-Pacific markets.