Annabelle Ju
Based in New York, Annabelle Ju covers North American institutional investors and fund regulation as the US Private Equity Reporter for Private Equity International and private funds management. She previously reported on market structure at Bloomberg and obtained her Master of Science degree from Medill School of Journalism at Northwestern University.
The US's largest public pension will engage Meketa, its real assets advisor, as its private equity consultant for the remainder of PCA’s contract period ending June 2020.
The pension's secondaries target allocation was as much as 10% of its total portfolio last year, documents from advisor Hamilton Lane show.
The debut fund of ex-CPPIB secondaries head Yann Robard has received a $100m anchor commitment from Alaska’s sovereign wealth fund.
Fund managers may be placing themselves at a disadvantage by pulling back their compliance efforts, an asset management compliance expert says.
The troubled US pension has sold 11 fund stakes across buyout, energy and growth strategies since accepting bids in November.
The investment bank's promotions include a New York-based VP who focuses on project management and due diligence in primary and secondaries markets.
Private equity funds now have many variations in fees, strategies and other structures that make the traditional vintage-year, net IRR benchmarking no longer sufficient, the advisory firm said.
The investment bank’s fund investments subject to the regulation stood at $6.5bn at the end of 2016, and the bank is awaiting approval for its latest extension request.
Average top bids for stakes in infrastructure funds have surged 33% since 2011, according to advisory firm Setter Capital.
The global asset manager will begin investing Secondary Opportunities Fund IV this quarter, once SOF III is 100% deployed.