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The Canadian pension giant's head of secondaries and co-investments Michael Woolhouse tells us why the organisation is positioning itself as more than just a provider of LP capital.
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.
Low pricing deterred a sale of certain 'illiquid' assets held in a portfolio the US pension began managing in January.
Performance details of the alternative investment firm's secondaries programme were also disclosed in a document presented to a US pension.
The Texas pension has an appetite for secondaries, having also committed to Ardian and Strategic Partners-managed vehicles.
The world's fifth largest insurer is recruiting a deputy investment director in its asset management and financial services arm.
The troubled US pension has sold 11 fund stakes across buyout, energy and growth strategies since accepting bids in November.
The $10.3bn pension also disposed of a growth equity fund stake and was considering reducing its fund of funds exposure, meeting documents show.
The US public pension plan is considering a $10m secondaries purchase in Fund VII and is in discussions about an account to invest ‘across the Kayne Anderson platform’.