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Down under: private equity performed worse than Australian listed property and global listed infrastructure in superannuation funds' portfolios

Aussie supers’ PE returns drop ahead of ‘challenging’ conditions

Private equity was the third-best performing asset class for the past year, behind Australian listed property at 19.4% and global listed infrastructure at 14.9%.

Florida SBA’s John Bradley on its next moves

Five years into restructuring its private equity portfolio, the $160bn Florida State Board of Administration limited partner is now expanding its focus into distressed strategies and building its Asia exposure.
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CalPERS’ private equity returns fall by 50% in fiscal 2019

The asset class was still the second highest return generator, and the pension system is expanding its programme to help achieve a 7% actuarial rate of return.

NJ’s private equity programme emerges from uncertainty

Governor Phil Murphy’s anti-private equity rhetoric during his campaign triggered a hold on commitment but the state’s pension system wants to re-establish its standing.

PEI 300: The largest funds and the LPs in them

The five largest funds raised over the last five years gathered a combined $95.3bn. Here are the LPs that made hefty commitments to more than one of them.

Three things you should know about CalPERS’ new PE head

Greg Ruiz, a former Goldman Sachs exec, will rely on his GP experience to help the US's biggest public pension push into direct investing.

Funds of Funds Special: The key to opening up the defined contribution world

Funds of funds have a key role to play in opening up private markets to defined contribution pension plans.

CPPIB: the smartest, nicest guys in the room

Canada Pension Plan Investment Board's secondaries team is giving traditional firms a run for their money. The secret to its success is more than simply having a lower cost of capital.

Oregon pension: cross-fund investments are ‘highly conflicted’

Industry trends such as GPs making pre-emptive bids and the rise of cross-fund investments are signals of late cycle behaviour, according to the $101bn Oregon State Treasury.

UK pension group makes $2.6bn foray into PE

LGPS Central, which manages assets of nine UK pensions, joins Northern Pool and Local Pensions Partnership in setting up a dedicated private equity fund.
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