New Mexico SIC unleashes new private market plans
The $523.5bn system reveals 2025
plans for its real estate, private equity and infrastructure plans, amid new
commitments.
The $523.5bn system reveals 2025
plans for its real estate, private equity and infrastructure plans, amid new
commitments.
As retiring baby boomers create more demand, Callan's David Smith dives deep into healthcare, one of the darlings of PE allocations in the current environment. He opens up about sub-sectors and sub-strategies which work well for the allocators and discusses how technology has driven healthcare to its full potential. Catch him talk about manager selection, PE investments and more.
Andrew Lill will step down in November,
as announced on Thursday.
Starting
her role at CPP in January, Sophia van Oosterom will lead the RE portfolio
The
pension plan makes changes with a hope to reach 100% funded status, highlights soft
strategy targets for private credit for its first allocation.
The
$2bn foundation has promoted its managing director of investments to the role
of CIO, effective September 18
The
$18.8bn system will release an RFP for an international small-cap equity
manager with consultant Wilshire.
The $346.5bn
system promoted Rosie Lucchesini-Jack and David Murphy after extensive
recruitment and public search
John Pearce, a quant and equity portfolio manager at The Illinois Municipal Retirement Fund, sat down with editor Christine Giordano and enjoyed a philosophical and pragmatic discussion on how AI might impact the future of investments, and what to consider.
Texas Tech CIO Tim Barret discusses the scariest and best investments of his career, and what he's strategizing about now. Barrett is one of the few CIOs who has headed a corporate fund, a public fund as well as an endowment. Markets Group will celebrate his Hall of Fame induction on October 9 in Austin. Allocators welcome to applaud him in.
Markets
Group recently surveyed institutional allocators, including Public Pension
Funds, Endowments, and Foundations, in the Great Plains region. This survey was
conducted in conjunction with our 10th Annual Great Plains Institutional Forum
held in Minneapolis. The aim was to gather insights on how these institutions
are navigating current economic and political challenges in their investment
strategies.
Last week, our Private Equity Europe London 2024 forum gathered over 300 private equity powerhouses from across the European region to dive deep into the opportunities—and obstacles—shaping the future of private equity. From heated discussions on navigating fundraising in choppy waters to tech-driven innovation reshaping the industry, this wasn’t your average PE event. It was more like a masterclass in the art of the deal.
The
system has a higher focus on non-core as sets a pacing of up to $300m and
the remaining goes to core allocations. A significant shift, noted from
last year.
NEST has long been known for its growth and approach to investing especially private markets. In this conversation, she dives deeper into vetting managers, keeping a watchful eye on the economy and using defensive strategies to make the best of her resources.
The
$27.3bn pension plan increased its public equity and real assets interim
targets with a decrease in fixed income and cash.
Recent buyout commitments by Kansas
PERS yet again is a signal of bullishness of allocators towards buyout funds.
The
$44bn pension plan has made commitments to its RA, PC and PE sleeve across June
to August
The
$10.8bn system is looking for a consultant to build out its private markets
portfolio, especially private equity, private credit, real estate and infrastructure.
The system aims to choose a consultant by early 2025.
One of the most influential chief investment officers in the industry discusses what she sees as threats to the industry, what she looks for in managers, how she mentors, her work in creating lifetime income for all workers, her career advice, and making changes on a national scale as a Presidential appointee to the PBGC.
Markets Group will hold a celebratory ceremony to induct Robin Diamonte into the Chief Investment Officer Hall of Fame in Boston during the 11th Annual New England Institutional Forum on Sept 25-26. Allocators are encouraged to attend. During the event, Britt Harris will have a fireside chat with Diamonte.
Multiple allocators are seeing a downfall in their
fiscal year returns due to real estate, will this change next year?
Michael
Graham will retire in early 2025
The C$646.8bn pension plan made an additional commitment to Iguá Saneamento, after the firm received a new contract.
Laura Wickström recently got promoted to the role of CIO of Veritas Pension Insurance, Finland-based pension. In this conversation, she dives deeper into the real estate allocation and emphasizes sustainability and climate investing as key while vetting managers.
The latest SEC filings disclose an
agreement between IBM and Prudential, following the corporation’s map of a cash-balance
pension plan
Allison
Thacker steps down after a tenure of 13 years
The
$2bn foundation named Greg Outcalt as CIO, following Katharine Krieger’s
departure
ALTSSV 2024 brought over 300 professionals to Silicon Valley for two days of cutting-edge discussions and networking. Held at the iconic Computer History Museum, AI naturally dominated the conversations. The event showcased key trends in AI, private credit, and the future of alternative assets, sparking powerful conversations among top investors and managers. Our exclusive video interviews dive deep into these topics, offering first-hand insights and strategies from the industry’s top thought leaders.
This white paper offers a glimpse into the strategies employed by institutional investors across the Great Plains, where liquidity has become a cornerstone of their approach. Investors are bracing for Federal Reserve actions while positioning public equities to continue to perform well. The paper also touches on growing trends such as sustainable investing and liability-driven investments (LDI), shaping long-term resilience in the region.
Stefan
Beiner will join c-alm as a partner in March 2025
The
transaction is subject to approval from the Australian Foreign Investment
Review Board.
The
$75.2bn pension plan exceeded its policy benchmark of 7.1%.
The
$5.7bn Kern County ERS has dry powder of $232m for its FI sleeve and committed
$25m to its PC portfolio
For years, he recruited the top CIOs in the United States, and chaired the largest pension fund in the country. Now he's retiring, and disclosing some of the things he couldn't discuss in the past.
The $67.7bn pension plan appoints Thomas Kim as
deputy CIO
The
$28bn pension plan disclosed commitments in RE, RA and private investments including
VC and PE
The
$54.2bn pension plan recently committed to its PE, PC and RA sleeves
The
$23.6bn system will maintain its pacing plan of $750m through 2026, with an bullishness
towards information technology and healthcare.
The
$40bn Texas fund hired Philip Hunter O’Brien, Amol Deshpande and Isidora Stankovic.
CIO Jonathan Grabel, an Elite 100 CIO, is known for his exceptional work in private equity, for getting DEI disclosures beyond 90%, and his rock-solid internal investment committee. In this interview, Grabel dives deeper into the breakdown of his private equity portfolio, his due diligence using strong internal metrics, the red flags he sees in choosing managers, and his allocations to his fixed income portfolio.
The
$31bn pension plan has made significant changes in its real estate, REIT and
commodities portfolio amid changes in the market environment
The
$142.1bn Minnesota State Board of Investment has committed to similar funds as
VRS, CPP and Pennsylvania PSERS within its private equity sleeve.
PSP
Investments and CIO Eduard van Gelderen “mutually agreed” to his departure.
The
$39bn Texas ERS boasts 1.8% return against its policy benchmark of 0.37% in the
second quarter. In the recent meeting, the system unfolded pacing plans for RE,
Infrastructure, private equity and private credit.
The $472.8bn fund promoted its managing director for PE to the
new role.
India
is expected to grow by +6.6% in FY24-25 and +6.4% in FY25-26. Public spending,
foreign investment and easing inflation will be tailwinds, suggests recent
reports.
Modi's re-election has created more opportunities in the region, CIO Khan highlights key opportunities and concerns in the region.
The
$113.9bn system disclosed its recent commits alongside flagging a high 9.9%
return for fiscal year 2024
The $472.8bn pension plan noted a
return of 1% in the first quarter and 9.1% return for its 10-year annualized
net return.
The
$225.8bn promoted Mabel Wong to chief investment officer from the role of senior
managing director.
The $330bn pension plan promoted Phil Fraser to the
role of CFO